P gives A, an agent who is authorized to sell a piece of property on behalf of P, specific instructions as to various terms of the sale, including the minimum price ($300,000) P is willing to accept. P informs possible buyers that A is his selling agent but obviously does not communicate A's specific instructions to anyone but A (because to do so would be a virtual blueprint to possible buyers as to how to buy the property as cheaply as possible).

A has Blank 1 authority only to enter a contract to sell the property at a price equal to or higher than $300,000.

A has Blank 2 authority, however, to sell the property at any