PICC UNIDROIT Principles of International Commercial Contracts 2016
PICC
UNIDROIT Principles of International Commercial Contracts 2016
(1) The expiration of the limitation period does not extinguish the right.
(2) For the expiration of the limitation period to have effect, the obligor must assert it as a defence.
(3) A right may still be relied on as a defence even though the expiration of the limitation period for that right has been asserted.
Import: