Question: Fran owes SmithCo. ( $ 1 0 , 0 0 0 ) . The state where she and the company are located

Fran owes SmithCo. \(\$ 10,000\). The state where she and the company are located has a 4 year statute of limitation on collecting the kind of debt she has. She does not have the money and does not pay, and 5 years passes. Then, Fran inherits a reasonable amount of money, and she sends SmithCo a check for \(\$ 2,500\). A year later, she has not made any further payments, and SmithCo. sues.
Can SmithCo now sue for the remaining \(\$ 7500\)?
Fran owes SmithCo. \ ( \ $ 1 0 , 0 0 0 \ ) . The

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