The UCC statute of limitations provides that an action for breach of any written or oral sales or lease contract must commence within three (3)years after the cause of action accrues.

Name: The UCC statute of limitations provides that an action for breach of any written or oral sales or lease contract must commence within three (3)years after the cause of action accrues.
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The UCC statute of limitations for sales or lease contracts is generally four (4) years, not three.

The UCC Statute of Limitations Provides That an Action for Breach