In: Operations Management
The statute of limitations for breach of a sales contract: a. may be reduced by the buyer and the seller to one year b. may be expanded by the buyer and the seller to six years c. begins to run from the signing of the contract d. always requires a notice to the seller to activate the statute
Ans: a. may be reduced by the buyer and the seller to one year
The statute of limitations for breach of a sales contract may be reduced by the buyer and the seller to one year