Theoretically Speaking, Of Course ...

Ok. Suppose you work for a small company. The owners are away for 2 weeks and have pretty much left you in charge. They got the go ahead for a job worth $15,000. And when you went ahead to start the job you were told that they had contracted the job out to someone else. Keep in mind your bosses haven't had a vacation (or been away from the business phone) for 9+ years.

Would you tell them or wait till they got home?