Brandname Parts, Inc., makes and sells parts for the repair of major appliances. Clarice suffers a loss when a defective Brandname part in her freezer fails to keep the contents fresh. A statute restricts the time within which Clarice may file a product liability suit once she has discovered or should have discovered the damage. This is a statute of
A) limitations.
B) preemption.
C) repose.
D) suspension.

Question

Brandname Parts, Inc., makes and sells parts for the repair of major appliances. Clarice suffers a loss when a defective Brandname part in her freezer fails to keep the contents fresh. A statute restricts the time within which Clarice may file a product liability suit once she has discovered or should have discovered the damage. This is a statute of​
A) ​limitations.
B) ​preemption.
C) ​repose.
D) ​suspension.

Quizplus · Accepted Answer

A statute that restricts the time within which a person can file a product liability suit is known as a statute of limitations. It limits the amount of time that a person has to bring a lawsuit after discovering or should have discovered the damage caused by a defective product. Therefore, choice A is the correct answer. Choice B, preemption, refers to a situation in which federal law supersedes state law. Choice C, repose, refers to a statute that limits the amount of time within which a person can bring a product liability suit, irrespective of when the damage was discovered. Finally, choice D, suspension, refers to a temporary halt or delay in legal proceedings.