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This document summarizes a court case regarding whether the applicable statute of limitations for a breach of contract claim was 3 years or 15 years. The plaintiff sought damages for breach of an agreement where the defendant promised to provide a $100,000 loan but failed to do so. The district court applied the 3-year statute of limitations from the Puerto Rico Commerce Code for actions arising from commercial instruments. However, the appellate court determined that the 15-year statute of limitations from

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Scribd Government Docs

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