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

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

1. The term "laissez-faire" is primarily associated with a

A) planned economic system
B) command economic system
C) mixed economic system
D) free enterprise economic system

2. Which of the following is a national association of marketing education students that provides teachers and members with activities to develop career skills in marketing, entrepreneurship, and management?

A) Distributive Education Clubs of America (DECA)
B) National Association of Supervisors for Business Education (NASBE)
C) National Tech Prep Network (NTPN)
D) National Council on Economic Education (NCEE)

3. If $500 were placed in a savings account that pays 2.5% simple interest each year, how much interest would be earned in five years?

A) $6,250
B) $12.50
C) $625
D) $62.50

4. 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) An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.
B) 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.
C) A company signs a lease agreement with a landlord who mistakenly lists the wrong square footage, but the company signs without verifying the details.
D) 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.

5. Which of the following limitations of email is a barrier to clear communication?

A) The message cannot be shared with others.
B) The sender will not be able to make the message seem as courteous as in person.
C) The message will not be accurately transmitted.
D) The recipient will not be able to judge non-verbal cues.

Solutions: