Rawls Inc Recently Sued Nozick Ltd

Multiple Choice

Rawls Inc recently sued Nozick Ltd. As Nozick has pointed out, however, Rawls' statement of claim was not filed within the limitation period. Which of the following statements is TRUE?

A) The primary purpose of limitation periods is to save society money by reducing the number of cases that need to be heard by courts.
B) If Rawls' claim was for breach of contract, the limitation period was probably ten years.
C) The length of the limitation period depends upon the nature of Rawls' claim.
D) There would not be a limitation period if Rawls sued the government.
E) If Rawls' claim was for breach of contract, it was probably extinguished once the limitation period lapsed.