A business owner may take clients to lunch. Some of these meetings result in added business and some do not. Which is the most appropriate answer regarding these types of meetings?

Group of answer choices

A business owner may deduct 100% of the meals incurred regardless if the business is secured

A business owner may only deduct 100% of the meals incurred if the business is secured

A business owner may deduct 50% meals regardless of business attained

A business owner cannot deduct such expenses if business is not attained; no business expense