Consider the following comparisons of the Local Area Network (LAN) and Wide Area Network (WAN):
1. The maximum speed of data transfer of LAN is much lesser than a WAN
2. A printer can be shared on a LAN but not a WAN
3. LAN uses the Ethernet standard, while a WAN uses the T1 standard
Which among the above is / are correct statements?
This question is a part of GKToday's Integrated IAS General Studies Module