A statute of limitations begins to run at the time of the injury,and failure to file suit within the time limit set by state statute acts as a discharge for the breaching party.

Question

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This statement is true. A statute of limitations determines the time period in which a legal claim can be filed. If a claim is not filed within that time limit, it is usually barred or discharged, and the plaintiff is no longer eligible for recovery. The length of the statute of limitations varies from state to state and depends on the type of claim being pursued.

A Statute of Limitations Begins to Run at the Time