Kindle have to sue Frank per the Statute of Limitations for 3 years.
Contract refers ti the agreement which is enforceable in the eyes of the law. Contract must have the free will, monetary consideration and all the essential conditions to be a valid contract.
In the above case, The contract was signed between the two parties i.e. Kindle and Frank. One of the two party failed to perform the obligations of the contract.
The suffering party has got all rights to sue the defaulter party i.e. is frank for three years and can claim its damages or the compensation as per the Statute of limitations.
Learn more about Statue of limitations here:
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