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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q108-Q113):

NEW QUESTION # 108
During the interview of a new teacher for a job, the principal says, "Tell me a little about yourself." Which of the following types of questions best describes the dialogue?

A. Closed-ended
B. Open-ended
C. Behavioral
D. Motivational

Answer: B

Explanation:
An open-ended question allows for a broad, narrative response, encouraging the interviewee to provide detailed information. "Tell me a little about yourself" invites a comprehensive answer, fitting the open-ended category. Option A (closed-ended) refers to questions with specific, limited responses (e.g., yes/no). Option C (motivational) is not a standard interview question type. Option D (behavioral) asks for specific past experiences (e.g., "Describe a time when..."). This question falls under the Communication and Career Development category, focusing on interview techniques.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Human Resource Management, Chapter 7.

NEW QUESTION # 109
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 retailer sells a product with a minor defect that does not affect its functionality, and the buyer does not inspect the product before purchase.
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. An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.
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.

Answer: B

Explanation:
A voidable contract can be canceled by one party due to fraudulent misrepresentation, which requires a false statement of fact, made knowingly or recklessly, with intent to induce reliance, and actual reliance causing harm. In Option A, the vendor's claim that the laptop is new, despite knowing it is refurbished, is a deliberate false statement, inducing the student's purchase, making the contract voidable due to fraud. Option B involves a mistake, not fraudulent misrepresentation, as there's no intent to deceive. Option C is a negotiation issue, not misrepresentation, as the offer was clear. Option D involves a minor defect, not a false statement of fact, and lacks fraudulent intent. This question tests nuanced understanding of contract law, a key area in the Business Law category, challenging candidates to distinguish between types of misrepresentation and contract enforceability, reflecting the Praxis 5101 exam's depth.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Business Law; Business Law: Text and Cases, Chapter 12.

NEW QUESTION # 110
Of the following software applications, which is most effective for generating pie charts and bar graphs to illustrate a company's end-of-year profits?

A. A desktop publishing program
B. A spreadsheet program
C. A database program
D. A word processing program

Answer: B

Explanation:
Spreadsheet programs, such as Microsoft Excel, are designed for data analysis and visualization, making them ideal for creating pie charts and bar graphs to display financial data like end-of-year profits. Option A (word processing) is better for text documents, not charts. Option C (database) is for data storage and querying, not visualization. Option D (desktop publishing) focuses on layout design, not data graphing. This question aligns with the Information Technology category, emphasizing software applications.
Reference:ETS Praxis Business Education: Content Knowledge (5101) StudyCompanion, Section on Information Technology; Introduction to Business Information Systems, Chapter 5.

NEW QUESTION # 111
A college graduate wants to start a business and looks into franchise opportunities. The graduate has $30,000 and has narrowed the selection to three different franchise choices. Which of the following franchise credentials is the most important to review?

A. Broker policy agreement
B. Franchise disclosure document
C. Fee schedule agreement
D. Owner's handbook

Answer: B

Explanation:
The Franchise Disclosure Document (FDD) is a legal document required by the Federal Trade Commission, providing detailed information about the franchisor, including fees, obligations, financial performance, and risks. It is critical for evaluating franchise opportunities. Option A (owner's handbook) is operational, not a credential. Option B (fee schedule agreement) is part of the FDD but not comprehensive. Option C (broker policy agreement) is not a standard franchise document. This question falls under the Entrepreneurship category, focusing on franchise evaluation.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Entrepreneurship; Entrepreneurship: Starting and Operating a Small Business, Chapter 5.

NEW QUESTION # 112
The interest rate on short-term loans that large banks charge their commercial borrowers who have excellent credit ratings is called the

A. prime rate
B. funds rate
C. market rate
D. discount rate

Answer: A

Explanation:
The prime rate is the interest rate that large banks charge their most creditworthy commercial borrowers for short-term loans. It serves as a benchmark for other lending rates. Option A (funds rate) refers to the federal funds rate, the rate at which banks lend to each other overnight. Option B (market rate) is a generic term and not specific to this context. Option C (discount rate) is the rate the Federal Reserve charges banks for short- term loans. The prime rate is a key concept in the Accounting and Finance category of the Praxis 5101 exam, as it relates to business financing and credit.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Principles of Finance, Chapter 6.

NEW QUESTION # 113
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Ted Foster Ted Foster

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Test Business-Education-Content-Knowledge-5101 Online - 100% Pass First-grade PRAXIS Business-Education-Content-Knowledge-5101 Reliable Dumps Book

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q108-Q113):

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