18 (explanation isn't required)

Which of the following best defines a limitation of action period with respect to breach of contract?

a.

It is the period within which a party to a contract must initiate a legal action against the other contractual party.

b.

It is the period which a party to a contract must sign the contract.

c.

It is the period which a party to a contract must obtain a court decision against the other contractual party.

d.

It is the period within which a party to a contract must submit a claim to the other party under the contact.