Paralegal Exam Prep

Category - Contracts

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What defines the time limit for filing a lawsuit?

Statute of frauds
Statute of Westminster
State of time limit
Statute of limitations
Statute of restrictions

Explanation

Answer: D. The statute of limitations defines the time limit for filing a lawsuit. The statute of limitations for contracts cases varies from state to state. The range is from 1 year to 15 years.

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