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Brandname parts, inc., makes and sells parts for the repair of major appliances. clarice suffers a loss when a defective brandname 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​

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This is a STATUE OF LIMITATION.
The statue of limitation refers to the law which forbids prosecutors from charging someone with a crime that was committed more than a specified number of years ago. The major aim of this law is to ensure that conviction occur only upon evidence that has not deteriorated with years.