Which of the following refers to a statute which specifies the time period in which a...

Which of the following refers to a statute which specifies the time period in which a person must bring a lawsuit?

Group of answer choices

a. statute of frauds

b. statute of claims

c. statute of limitations

d. statute of estoppel

Solutions

Expert Solution

Ans c. statute of limitations

Statute of limitations refers to a statute which specifies the time period in which a person must bring a lawsuit.

Example: UCC provides 4 year limitation for contracts involving sale of goods.

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

1. Which of the following refers to any period of time covering a complete accounting cycle?...

1. Which of the following refers to any period of time covering a complete accounting cycle? a) A matching cycle b) A time cycle c) A journal period d) A fiscal period 2. An asset's book value represents the true market value of the asset. False True 3. In recording the adjusting entries for depreciation, both accounts involved are increased. False True 4. Any additional investments by the owner should be shown as a(n) a) addition on the Income Statement....

1. Incubation period refers to the time between the start of an infection and the beginning...

1. Incubation period refers to the time between the start of an infection and the beginning of the period of communicability. True False 2. The case fatality rate is the same thing as the mortality rate for a disease. True False 3. The term generation time relates to the time interval between lodgment of an infectious agent in a host and the maximal communicability of the host. True False 4. A line list is (check all that apply) A. a...

13) Which of the following is a requirement made by the Statute of Frauds when a...

13) Which of the following is a requirement made by the Statute of Frauds when a party sues to enforce an alleged contract? A) A memorandum must be in existence at the time suit is brought. B) The contract must contain more essential terms of the contract than the memorandum. C) Any person who signs the memorandum must sign with the intention of being bound. D) A memorandum must be made at the time the contract is executed. 14) A...

What is the concept of the statute of limitations? When does the limitation period for tax...

What is the concept of the statute of limitations? When does the limitation period for tax returns expire? What are the four exceptions? What other issues are involved?

What is the applicable length of time for the statute of limitations on assessment of taxes...

What is the applicable length of time for the statute of limitations on assessment of taxes if the taxpayer willfully evades taxes? Explain!

which of the following terms refers to a situation in which fluid is trapped in a...

which of the following terms refers to a situation in which fluid is trapped in a body cavity and is no longer available as circulating blood volume? a) Dehydration. b) Third-soacing. c) Hypovolemia. d) water retention

Which of the following refers to a process in which a segment of DNA is used...

Which of the following refers to a process in which a segment of DNA is used to produce RNA? Replication Translation Derepression Condensation Transcription Nucleotides are composed of phosphoric acid, a hexose sugar, and a nitrogen-containing base. True False

QUESTION 1 Which of the following modified contracts falls within the statute of frauds? a. A...

QUESTION 1 Which of the following modified contracts falls within the statute of frauds? a. A contract for the sale of 800 widgets at $1.00 each is modified to 400 widgets at $1.00 each. b. A contract for the sale of 400 widgets at $1.00 each is modified to 800 widgets at $1.00 each c. A contract for the sale of 40 widgets at $1.00 each is modified to 400 widgets at $1.00 each. d. A contract for employment for...

1-) Time period in which Keynesian economics theory was introduced and the situation at the time...

1-) Time period in which Keynesian economics theory was introduced and the situation at the time that inspired the theory inception? 2-) Overview of the Keynesian economic theory. 3-) What are the major publications that propelled the Keynesian economic theory?

Which of the following terms refers to an economic system in which the government owns and...

Which of the following terms refers to an economic system in which the government owns and controls all types of economic activity? Group of answer choices a. pluralism b. sovereign nationalism c. political bureaucracy d. socialism

Subjects