Explanation:

- Interest reipublicae ut sit finis litium: This legal maxim means "it is in the interest of the state that there be an end to litigation." It embodies the principle that disputes should be resolved within a predefined time limit. This fosters legal certainty and stability.

- Vigilantibus non dormientibus jura subveniunt: This maxim means "the law assists those who are vigilant, not those who sleep on their rights." It emphasizes the importance of acting promptly to assert one’s rights, aligning with the concept of limitation by discouraging delay.

- Option 1 reflects on the necessity for an end to litigation (limitation).

- Option 2 highlights acting in a timely manner to uphold one's rights.

- Option 3 is correct: Both maxims relate to the rationale behind statutes of limitation.

- Option 4 is only partially reflective of the concept.