You will be given a definition of a task first, then some input of the task.
In this task, you will be shown a prompt from a judicial decision and multiple holding statements derived from citations following text in a legal decision. Holdings represent the governing legal rule when the law is applied to a particular set of facts. There are five answer choices for each citing text. The correct answer is the holding statement that corresponds to the citing text. You should write an incorrect option. Even though there exist multiple wrong answers, we only need a single wrong answer. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.

202, to determine whether New York or North Carolina law applies. See Arneil v. Ramsey, 550 F.2d 774, 779 (2d Cir.1977); Gorlin v. Bond Richman & Co., 706 F.Supp. 236, 239 (S.D.N.Y.1989). CPLR 202 requires the Court to apply the shorter of the two applicable statutes of limitation, because Barnett is not a New York resident. The North Carolina period of limitations for contract actions is three years, which is shorter than New York's six year period. See N.C.Gen. Stat. 1-52(1). The accrual of a claim under ERISA is determined by federal law. Tolle v. Carroll Touch, Inc., 977 F.2d 1129, 1138 (7th Cir.1992); Smith v. Rochester Tel. Bus. Marketing Corp., 786 F.Supp. 293, 306 (W.D.N.Y.1992), aff'd, 40 F.3d 1236 (2d Cir.1994); see also Keating v. Carey, 706 F.2d 377, 382 (2d Cir.1983) (<HOLDING>). A claim for benefits under ERISA accrues when
Holding statements: (A) holding that federal law determines definition of executory contract but that state law determines whether a material breach of the contract could occur (B) holding that federal courts sitting in diversity should apply state law that determines the outcome of the case (C) holding that while state law determines the existence of a claim federal law determines when a claim arises for bankruptcy purposes (D) holding for 1983 actions that although state law determines the limitations period federal law determines when the claim arises (E) holding that state law determines when an interest is perfected when interpreting the preference avoidance provision of the bankruptcy act
Output:
holding that federal law determines definition of executory contract but that state law determines whether a material breach of the contract could occur