1. An agent authorized to sell the property of their principal may sell it at an appropriate price. 2. If the principal specifies the price of the sale, the agent may not sell it for a lower price. If the agent sells it at a lower price without the prior permission of the principal or subsequent ratification, and delivers it to the purchaser, the principal shall have the option to either recover the subject matter of the sale, ratify the sale, or hold the agent liable for the difference in value.
Interpretation and application must be checked against the official text and current version.