3. You are the contracts manager for a technology company. Your company has just issued an invitation to bid for supplying a large order of DRAM chips. You like to keep up with the market and in close contact with your suppliers, so you are attending an electronics technical conference. Between 178 Ethics presentations, you walk through the exhibition area, and you notice the booth of one of the bidders. They strike up a conversation about their products.

As you are about to leave, they ask you to put your business card in the “fish bowl” for a chance to win an iPad. A week later, before the bids are opened, you receive a package in the office mail. It contains an iPad and a brief letter of congratulations from the chip maker saying that your card had been drawn in their conference lottery. The value of the iPad exceeds the limit of your company’s Gifts and Entertainment Policy. How will you handle this? List the options you considered and the advantages and disadvantages of each.