Step 1: Concept The rate law for a first-order reaction is Rate $= k[A]^{1}$.
Step 2: Meaning Rate is measured in mol dm$^{-3}$ s$^{-1}$ and concentration $[A]$ is measured in mol dm$^{-3}$.
Step 3: Analysis Rearranging the rate law to solve for $k$: $k = \frac{\text{Rate}}{[A]}$ Unit of $k = \frac{\text{mol dm}^{-3} \text{ s}^{-1}}{\text{mol dm}^{-3}}$
Step 4: Conclusion The units of concentration cancel out, leaving only s$^{-1}$ (or time$^{-1}$).
Final Answer: (B)