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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

Question 1

A business education teacher is preparing a lesson on contract law and wants to illustrate a scenario where a contract is voidable due to misrepresentation. Which of the following scenarios best demonstrates a voidable contract due to fraudulent misrepresentation?

A. A vendor sells a used laptop to a student, claiming it is new, knowing it was refurbished, and the student relies on this claim when purchasing.
B. An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.
C. A retailer sells a product with a minor defect that does not affect its functionality, and the buyer does not inspect the product before purchase.
D. A company signs a lease agreement with a landlord who mistakenly lists the wrong square footage, but the company signs without verifying the details.

Question 2

Which of the following terms is best defined as the unscrupulous acquisition of financial information on the Internet?

A. Spamming
B. Downloading
C. Phishing
D. Blogging

Question 3

The Robinson-Patman Act was initially enacted for which of the following purposes?

A. To protect employees from job discrimination
B. To eliminate price discrimination in interstate commerce
C. To provide employees with a safe work environment
D. To eliminate price discrimination in intrastate commerce

Question 4

Which of the following file extensions indicates that the data are compressed?

A. .xml
B. .epub
C. .exe
D. .zip

Question 5

Which of the following best describes the relationship between a firm's assets, liabilities, and owners' equity?

A. Net worth
B. An annual report
C. The accounting equation
D. The statement of cash flows

Solutions: