Correct Answer:
C. Both (a) and (b)
According to the Pakistan Penal Code (P.P.C.), the definition of 'Person' is crucial for determining legal liability. The P.P.C. broadens this definition beyond just natural human beings to include legal entities. Therefore, the correct answer is Both (a) and (b), meaning 'Company or association' and 'Body of persons.' This inclusive definition ensures that corporate bodies, associations, or groups of individuals can also be held accountable under the code, for instance, in cases of corporate crime or collective offenses. Distractors A and B are individually correct but incomplete, as the P.P.C. explicitly covers both categories. Distractor D is false because option C accurately combines the correct elements.