A and B Enter into a Contract on January 1

question 3

Multiple Choice

A and B enter into a contract on January 1 of this year. A 's friend C tells A , "The law generally restricts the time within which an action can be brought by either party to a contract." C 's statement is:

• A) false.
• B) true because of statutes of limitations.
• C) true because of the law of repudiation.
• D) true because of covenants not to sue.

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Definitions:

Optic Nerves

Nerves responsible for transmitting visual information from the retina to the brain.

Central Nervous System

The part of the nervous system that includes the brain and spinal cord.

Spinal Cord

The long, thin, tubular bundle of nervous tissue and support cells that extends from the brain down the length of the back, integral for transmitting nerve signals.

Autonomic Nervous System

A division of the peripheral nervous system that controls involuntary functions of the body, such as heart rate, digestion, and respiratory rate.