The jacket in question is a gift and is therefore, a cheap knockoff and is worth far less than the maximum gift reciept of $50 and is thus legal (according to Stein Mart's policies) to keep.
Answer: B. Refuse the offer
No associate or relative, friend, or partner of an associate shall request or accept any money, lavish or excessive hospitality, free or discounted services or use of facilities, loans or any gifts or favors having more than a nominal value (i.e., $50) from any supplier, customer or competitor of the Company or any other party doing or seeking to do business with the Company.