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Check, Please

As I was watching the "Sopranos" last night, I was intrigued by Paulie and Christopher's squabbling over who should pay for group dinners. If you happened to catch the Sopranos last night,
what do you feel is proper business etiquette? Should the youngest guy always pick up the tab as a sign of respect, or should associates take turns paying? And if you're dissatisfied with the service, should you leave a small tip, or just shoot the waiter?