The limiting reagent is the reactant that is completely consumed in a chemical reaction and limits the amount of product.

TRUE

FALSE

The statement is true.

Explanation:

The limiting reagent in a chemical reaction is, indeed, a substance which is completely consumed in said chemical reaction when it is done. Since the reagent is completely consumed, the amount of product is limited, due to the fact the reaction can't continue without it. So yes, it's a true statement.; )