Audrey enters into a contract to sell caDouglas was hired by Veritas Adventures to build a new wizard-themed adventure park for $25 million. Douglas anticipated that it would cost $21 million in labor and materials to finish the job. After completing the initial grading of the land and about three-quarters of the required preparatory work for the park, at a cost of $750,000, Douglas was contacted by Veritas and told to "immediately stop all work." Veritas explained that it was on the verge of bankruptcy and needed to conserve cash, "at least until we can work out a bridge loan." Veritas went on to say that it "hoped it could get the project back on track" but it ended by saying that there was a non-trivial possibility that the project would never be able to be finished. Douglas decided that he would finish at least the preparatory work for the park at a cost of $350,000. He rationalized this as a smart decision. If Veritas was able to get the bridge loan and restart the project, having the preparatory work done would preserve the state of the project. If, on the other hand, Douglas left the project in its current