Where the buyer fails to pay the price on the date agreed upon, the seller may, after serving notice to the buyer, re-sell the goods. If the goods are sold, in good faith, at a price less than the price agreed upon, the seller may claim from the buyer the price difference. Furthermore, if the goods have a known price in the market, the seller may claim from the buyer the difference between the price agreed upon and the market price on the date fixed for payment of the price.
Interpretation and application must be checked against the official text and current version.