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Pillow Limited was in the process of constructing a building when, due to financi al difficulties, it could not complete the construction thereof. It has

Pillow Limited was in the process of constructing a building when, due to financial difficulties, it could not complete the construction thereof.

It has the following options:

1. Sell the building as is, (Pillow Limited does, on occasion, sell buildings);
2. Hold the building as is for capital appreciation; or
3. Borrow from the bank and complete the building, then lease this building out to a tenant.

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