When Was the First DSM First Published

question 30

Multiple Choice

When was the first DSM first published?

• A)1927
• B)1935
• C)1952
• D)1981

Grasp the legal nature of preincorporation subscriptions and their revocability.

Understand the duties and legal standing of promoters in corporate formation.

Grasp the concept of ultra vires acts and their significance in corporate operations.

Understand the implications of a corporation's citizenship and legal status.

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Definitions:

Insured

A person, company, or entity covered under an insurance policy to receive compensation for a specified loss or damage.

Premium

The amount paid for an insurance policy, reflecting the cost of coverage.

Beneficiary

An individual or entity entitled to receive benefits or assets from a will, trust, insurance policy, or other instruments.

Risk

The potential for loss, damage, or any other undesirable outcome, often associated with decisions or activities.