Assertion (A): According to the Companies Act, 2013, a company is a legal entity separate from its members.
Reason (R): This principle was established in the case of Salomon v. Salomon & Co Ltd.
1
Both A and R are true, and R is the correct explanation of A.
2
Both A and R are true, but R is not the correct explanation of A.
3
A is true, but R is false.
4
A is false, and R is true.