4. You are a newly assigned project manager in a Southeast Asian country.

Within days of your arrival, you receive a gift of Louis XIII 100-year-old cognac. It is personally delivered by the owner of a large local construction company, which will be bidding for your work. You realize that the owner will be offended if you don’t accept his gift, so you thank him and take it.

After he leaves, you Google search for it and discover that it is valued at over US$3,000—well above the $50 gift limit of your company’s policy. What do you do now? Hint: Some options are as follows: