Statutes of limitations:
A) begin to run at the time a plaintiff discovers an injury.
B) may vary widely from state to state and for type of injury.
C) limit the time for filing suit on oral contracts to three years and for written contracts to four years.
D) provide limitations on the amount of damages recoverable in contract cases.

Question

Quizplus · Accepted Answer

Statutes of limitations vary widely from state to state and also depend on the type of injury or claim. For example, the statute of limitations for personal injury cases may be different from that for breach of contract or medical malpractice claims. Therefore, it is important to determine the applicable statute of limitations for each case to avoid potential losses due to missed deadlines.

Statutes of Limitations