Correct option is D
A time-barred debt is considered an imperfect right because it cannot be enforced in a Court of law due to the expiration of the limitation period, although the moral obligation to repay may still exist.
Information Booster
Imperfect rights are rights that lack enforceability but may still be acknowledged in other ways, such as moral obligations.
Additional Knowledge
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Positive Right: Requires the performance of a duty by another party.
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Negative Right: Involves non-interference.
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Perfect Right: Fully enforceable by law.