Question. Should dissatisfied consumers have the right to establish gripe sties that use the trademark of the offending company in the domain name? How likely is it that consumers will be confused as to the "origin, sponsorship, or approval" of the gripe site by the offending company? Whether or not you think that confusion is likely, should a gripe site be considered to tarnish the targeted company’s trademark and thereby violate the Federal Trademark Dilution Act? Why or why not?

On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f.o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.