100% PASS HIGH-QUALITY PRAXIS - BUSINESS-EDUCATION-CONTENT-KNOWLEDGE-5101 EXAM SIMS

100% Pass High-quality PRAXIS - Business-Education-Content-Knowledge-5101 Exam Sims

100% Pass High-quality PRAXIS - Business-Education-Content-Knowledge-5101 Exam Sims

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The Praxis Business Education: Content Knowledge (5101)Exam (Business-Education-Content-Knowledge-5101) certification test is an important part of career growth, and passing it may lead to more employment opportunities. However, preparing for the Praxis Business Education: Content Knowledge (5101)Exam (Business-Education-Content-Knowledge-5101) test may be tough, and many busy applicants have difficulty cracking it. This is where DumpsTests Praxis Business Education: Content Knowledge (5101)Exam real exam questions come to help you clear the test in a short time.

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q76-Q81):

NEW QUESTION # 76
The Robinson-Patman Act was initially enacted for which of the following purposes?

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

Answer: A

Explanation:
The Robinson-Patman Act (1936) was enacted to prevent price discrimination in interstate commerce, ensuring fair competition by prohibiting sellers from offering different prices to similar buyers without justification. Option B (intrastate commerce) is incorrect, as the act applies to interstate transactions. Option C (job discrimination) and Option D (work environment) are unrelated, addressed by other laws. This question falls under the Business Law category, emphasizing antitrust law.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Business Law; Business Law: Text and Cases, Chapter 45.


NEW QUESTION # 77
Which of the following laws establishes the right to form unions?

  • A. National Labor Relations Act
  • B. Norris-LaGuardia Act
  • C. Taft-Hartley Act
  • D. Fair Labor Standards Act

Answer: A

Explanation:
The National Labor Relations Act (NLRA) of 1935, also known as the Wagner Act, establishes workers' rights to form unions, engage in collective bargaining, and participate in strikes. Option B (Norris-LaGuardia Act) limits injunctions against unions but does not establish the right to form them. Option C (Taft-Hartley Act) regulates union activities but does not grant formation rights. Option D (Fair Labor Standards Act) addresses wages and hours, not unions. This question falls under the Business Law category, focusing on labor law.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Business Law; Business Law: Text and Cases, Chapter 34.


NEW QUESTION # 78
Stacey has just received her first paycheck. As a responsible spender, Stacey pays her housing, food, and necessary clothing expenses first. The money that remains after paying those expenses is called

  • A. discretionary income
  • B. supplementary income
  • C. disposable income
  • D. passive income

Answer: A

Explanation:
Discretionary income is the money remaining after paying for necessities like housing, food, and clothing, available for non-essential spending. Option A (disposable income) is income after taxes, including money for necessities. Option C (supplementary income) is not a standard term. Option D (passive income) is earned without active work, like investments. This question aligns with the Accounting and Finance category, emphasizing personal finance.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Personal Finance, Chapter 3.


NEW QUESTION # 79
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 company signs a lease agreement with a landlord who mistakenly lists the wrong square footage, but the company signs without verifying the details.
  • B. An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.
  • C. 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.
  • 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.

Answer: C

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 # 80
Martha sold 1,000 poinsettia plants at $9 each and had 100 remaining in inventory. Joe sold 1,000 poinsettia plants at $8 each and had none remaining in inventory. Which of the following can be inferred from the scenario?

  • A. Only Joe's price is at equilibrium.
  • B. Joe's price and Martha's price are at equilibrium.
  • C. Martha's price is below equilibrium.
  • D. Joe's price and Martha's price are above equilibrium.

Answer: A

Explanation:
In a market, equilibrium price clears inventory (no surplus or shortage). Joe sold all 1,000 plants at $8 with no inventory left, suggesting his price is at equilibrium. Martha sold 1,000 plants at $9 but has 100 left, indicating a surplus, so her price is above equilibrium. Option A is incorrect, as Martha's price is not below equilibrium. Option B is incorrect, as Martha's price is not at equilibrium. Option D is incorrect, as Joe's price is at equilibrium. This question falls under the Economics category, focusing on supply and demand.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Principles of Economics, Chapter 4.


NEW QUESTION # 81
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