Jack Jones is the chairman and chief executive officer of Jones Corporation, a Denver-based importer of childrens

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Jack Jones is the chairman and chief executive officer of Jones Corporation, a Denver-based importer of children’s clothing with $1.2 billion in annual sales. Jones Corporation is 80 percent owned by Jack Jones and his children. You are general counsel; your job description requires you to devote essentially all of your professional time to Jones Corporation business. One day Jack Jones pops into your office with a request. “Hey, I know you used to practice real estate law. My wife and I are buying a vacation home in Aspen. I want you to represent us!” Jones makes it clear that you will be in line for a big annual bonus if you do what he asks, gratis. What do you say?

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