Its purpose is to study needs and methods for modernising, harmonising and co-ordinating private and in particular commercial law as between States and groups of States and to formulate uniform law instruments, principles and rules to achieve those objectives.
(a): UNIDROIT is not a force-of-law treaty, but a set of principles that may be adopted by parties.
UNIDROIT is broader than CISG because it applies to all international contracts, whereas CISG applies only to international sales of goods.
The UNIDROIT Principles provide a balanced set of rules covering virtually all the most important topics of general contract law, such as formation, interpretation, validity including illegality, performance, non-performance and remedies, assignment, set-off, plurality of obligors and of obligees, as well as the