Ind. Code § 26-1-2-703
Where the buyer wrongfully rejects or revokes acceptance of goods or fails to make a payment due on or before delivery or repudiates with respect to a part or the whole, then with respect to any goods directly affected and, if the breach is of the whole contract ( IC 26-1-2-612 ), then also with respect to the whole undelivered balance, the aggrieved seller may:
(f) cancel.
Formerly: Acts 1963, c.317, s.2-703. As amended by P.L.152-1986, SEC.162.