Final answer:
The statement 'Failure is the limit of my abilities' represents a fixed mindset and is True.
Step-by-step explanation:
The statement 'Failure is the limit of my abilities' represents a 'fixed mindset' and is True. A fixed mindset is the belief that abilities and intelligence are fixed traits that cannot be changed or improved upon. It is the opposite of a growth mindset, which believes that abilities can be developed through dedication and effort.