Concept:
UV spectrophotometry is widely used for quantification of nucleic acids because nucleic acid bases absorb ultraviolet light strongly.
The maximum absorbance of nucleic acids occurs at:
\[
260 \text{ nm}
\]
Proteins, especially aromatic amino acids such as tryptophan and tyrosine, absorb maximally near:
\[
280 \text{ nm}
\]
Step 1: Evaluating Assertion (A).
The assertion states:
\[
\text{UV spectrophotometry is commonly used to estimate nucleic acids}
\]
This statement is correct because nucleic acid concentration can be measured using absorbance at:
\[
A_{260}
\]
Therefore:
\[
\boxed{(A) \text{ is correct}}
\]
Step 2: Evaluating Reason (R).
The reason states:
\[
\text{Nucleic acids absorb UV light maximally at 280 nm}
\]
This statement is incorrect because:
\[
\boxed{\text{Nucleic acids absorb maximally at } 260 \text{ nm}}
\]
while:
\[
280 \text{ nm} \rightarrow \text{Maximum absorbance for proteins}
\]
Hence:
\[
\boxed{(R) \text{ is incorrect}}
\]
Step 3: Selecting the correct option.
Since:
\[
(A) \text{ is true and } (R) \text{ is false}
\]
the correct answer is:
\[
\boxed{(C)\ (A)\text{ is correct but }(R)\text{ is not correct}}
\]