A and B Enter into a Contract on January 1

Multiple Choice

A and B enter into a contract on January 1 of this year.A 's friend C tells A , "The law generally restricts the time within which an action can be brought by either party to a contract." C 's statement is:

A) true because of covenants not to sue.
B) true because of statutes of limitations.
C) true because of the law of repudiation.
D) false.