BeanDefinitionStoreException Failed to read candidate component class

Question

Can someone tell me how to solve this issue?

I have narrowed down the problem to the pom.xml file. My project works but when I add the following dependency I get an

Answer 1

Another reason is use of Spring 3 with Java 8. Java 8 requires Spring 4.

(not specific to this question, but for those who are googling the error message)