| Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: |
| Assertion (A): Legal environment refers to the framework of laws and various legislation within which a business has to conduct its activities. |
| Reason (R): Each private or public company working in the medical industry has to get its stock inspected by drug inspectors. |
A) Both A and R are true and R is the correct explanation of A.
B) Both A and R are true and R is not the correct explanation of A.
C) A is true but R is false.
D) A is false but R is true.
Correct Answer: A
Solution :
[a] A is correct as it is the definition of legal environment and R is correct statement as it provides a correct example for A.
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