Client buying dinners? Is this legal?
We just finished our consulting project at business school. Client wanted to buy us dinner during mid-project but we declined because some of us were not free + we did not want to have to feel obliged to 'any extra requests' that might crop up during the 'free lunch'.
Now they want to buy us dinner (since everything is finished).
Consultants/Bankers, what are your views on this?
Have you experienced a similar predicament?
Theres no problem...If anything I think this falls under gift giving, and usually there is a corporate price cap to the $ amount of gifts you can recieve, and dinner falls well below that.
Cap is $100 for gift giving, but taking clients out to dinner is a regular occurrence while doing business together. I've been taken out to dinner by accountants dozens of times. Sometimes I pick up the tab. Same thing with bankers. This is normal.
If clients buying you dinner was illegal 95% of the street would be in jail
Your situation is different from us because you don't work, you are a student. Your school should have guidelines on this but I don't see why it would be a problem. Schools allow recruitment dinners so I can't see why they wouldn't allow this. What exactly do you think is illegal about it? The $100 gift limit doesn't apply here.
Should be absolutely fine in B-School. Just don't try to sell your client's secrets to Raj, he only pays for prison self-defense tips now.
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