Statutes of limitations Group of answer choices define how much money the injured party can sue for under a breach of contract claim. define whether there has been substantial performance of a contract or a material breach. limit the time in which an injured party may sue. only apply to the sale of goods. There is no statute of limitations on a service contract.

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11-07-2022
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Statutes of limitations Group of answer choices define how much money the injured party can sue for under a breach of contract claim. define whether there has been substantial performance of a contract or a material breach. limit the time in which an injured party may sue. only apply to the sale of goods. There is no statute of limitations on a service contract.

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tutorconsortium31 tutorconsortium31 · Answer 1 · 2022-07-19T21:30:05+02:00

limit the time in which an injured party may sue. only apply to the sale of goods.

The length of time allowed under a statute of limitations varies depending upon the severity of the offense as well as the jurisdiction it is being disputed.

Federal law says that the general 5-year statute of limitations applies in every case unless there is a specific code section that extends the statute of limitations for that particular offense.

What is Statue of Limitations ?

A statute of limitations is a law that sets the maximum amount of time that parties involved in a dispute have to initiate legal proceedings from the date of an alleged offense, whether civil or criminal.

Cases involving severe crimes, like murder, typically have no maximum period.

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