Which of the Following Was the Result on Appeal in Tafoya

question 46

Multiple Choice

Which of the following was the result on appeal in Tafoya v. Perkins, the case in the text in which the court addressed the applicable statute of limitations after the plaintiff filed suit demanding an accounting and alleged that the defendant breached her fiduciary duty?

• A) The court ruled that the plaintiff filed the case within the statute of limitations because there was no time limit on such suits.
• B) The court found that federal law mandated that a statute of limitations of one year be applied and that the plaintiff failed to file the lawsuit within that amount of time.
• C) The court found that the applicable state statute of limitations was two years and that the plaintiff failed to file the lawsuit within that amount of time.
• D) The court found that federal law mandated that a statute of limitations of three years be applied and that the plaintiff filed the lawsuit within that amount of time.
• E) The court found that state law mandated that a statute of limitations of three years be applied and that the plaintiff filed the lawsuit within that amount of time.

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