Brandname Parts, Inc., makes and sells parts for the repair of major appliances. Clarice suffers a loss when a defective Brandna
me part in her freezer fails to keep the contents fresh. A statute restricts the time within which Clarice may file a product liability suit once she has discovered or should have discovered the damage. This is a statute of
This statute places a time limit in which criminal charges can be brought against someone or organisation. At the expiration of the time limit a person cannot be prosecuted irrespective of available evidence. The essence is to prevent prosecutions that date back to so many years, leading to very expensive suits.
