Orin is injured while using mountain-climbing equipment made by Peaks Pike Corporation. A statute that limits the time within which Orin can file a product liability suit against Peaks, beginning with the date of the equipment's manufacture, is a statute of

Question

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A statute that limits the time within which Orin can file a product liability suit, beginning with the date of the equipment's manufacture, is a statute of repose. Unlike a statute of limitations, which starts the clock ticking when the plaintiff is injured or discovers the injury, a statute of repose gives an absolute deadline for filing a suit, regardless of when the injury was discovered.

Orin Is Injured While Using Mountain-Climbing Equipment Made by Peaks