Walter is on the verge on making a key business deal with a Randolph Cutler. When Walter notices Cutler getting cozy with his secretary, he invites her to dinner to be sure Cutler agrees to the deal. However, Maude is furious with Walter's pandering business ethics and becomes even more furious when his secretary cancels and he throws Carol at Cutler.

With Christmas on the way, Walter has his annual office Christmas party at the house, however, he's worried that Maude's feminist friend, Stephanie, who goes out of her way to preach to everyone on women's rights, will put a damper on the festivities.