Principles of International Commercial Contracts

The Principles of International Commercial Contracts (PICC) of 2010 is a document drawn up by UNIDROIT intended to help harmonize international commercial contracts law. The first edition of which was published in 1994, and the second, enlarged edition of which was published in 2004. The third edition was published in 2010, which among others contains a new section on illegality. A fourth version was published in 2016, including issues related to long-term contracts

Contents

  • Preamble
  • Chapter 1, General Provisions
  • Chapter 2, Formation and Authority of Agents
  • Chapter 3, Validity
  • Chapter 4, Interpretation
  • Chapter 5, Content and Third Party Rights
  • Chapter 6, Performance
  • Chapter 7, Non-Performance
  • Chapter 8, Set-off
  • Chapter 9, Assignment of rights, transfer of obligations, assignment of contracts
  • Chapter 10, Limitation periods
  • Chapter 11, Plurality of parties

See also

References

    • S. Vogenauer and J. Kleinheisterkamp, Commentary on the UNIDROIT principles of international commercial contracts (PICC) (OUP 2009)
    • S. Vogenauer, Commentary on the UNIDROIT principles of international commercial contracts (PICC) (Oxford: OUP, 2nd edn 2015)[1]
    1. "Oxford University Press". OUP. Retrieved 9 April 2016.
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