Contract to award to a vendor


Please help with the following problem. Provide at least 100 to 150 words in the solution.

Your company has a 100 million dollar contract to award to a vendor. The choice is between company A and company B. You provide your input to your boss who makes the final decision and chooses company B. At a congratulatory dinner, while making small talk, you mention to a representative of company B that you really want to get a flat screen TV but are waiting for prices to fall. The next week a 50" plasma TV arrives at your door with a card that says:

"Best wishes and Thanks"
Company B

Your company has no formal policy regarding the acceptance of gifts. What do you and why?

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Business Law and Ethics: Contract to award to a vendor
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