What's the difference between a primary key and a unique key?

What's the difference between a primary key and a unique key?

Both primary key and unique key enforces uniqueness of the column on which they are defined. But by default primary key creates a clustered index on the column, where are unique creates a nonclustered index by default. Another major difference is that, primary key doesn't allow NULLs, but unique key allows one NULL only.