Lucent Technologies Because AT&T Corporation Wanted to Become a Big Player in Player

question 132

Multiple Choice

Lucent Technologies
Because AT&T Corporation wanted to become a big player in the booming market for outsourcing computer services, it set up Lucent Technologies to manage corporate clients' worldwide computer networks. Lucent Technologies assists corporations in global network and computer management by drawing on AT&T's worldwide digital network and its computer hardware and software businesses. It also relies on the expertise of technicians at Bell Laboratories.
-Refer to Lucent Technologies.First National Bank of Chicago,one of AT&T's customers,claims the new network helped the bank win a huge contract from the U.S.Treasury.For classification purposes,First National Bank would be which type of customer?

• A) producer
• B) reseller
• C) government
• D) institution
• E) wholesaler

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Definitions:

Contractual Relationship

A legally binding connection between two or more parties outlined by a contract, involving mutual obligations.

Fraudulent Misrepresentation

A false statement that is knowingly made to induce a party to enter into a contract, leading to harm or loss.

Innocent Misrepresentation

A false statement made by one party to another without knowledge of its falsity, leading to an erroneous contract without intentional deception.

Misrepresentation

The act of providing false or misleading statements or impressions, especially in contracts, which can lead to legal consequences.