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I would not do it if I were doing it in the name of the company...
Now, if this was some other online posting, from Zilvia or CL or somewhere like that, I would set his ass on fire with my response. I would also include that if his concerns are about the economy as his reasoning for offering what he apparently knows is a too-low offer, then perhaps he should rethink even spending ANY money for the time being.
But, don't do it if it is for work. Just decline his offer.
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