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Business-Education-Content-Knowledge-5101 Praxisprüfung - Business-Education-Content-Knowledge-5101 Dumps

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Business-Education-Content-Knowledge-5101 Prüfungsfragen mit Lösungen (Q15-Q20):

15. Frage
Which of the following statements most accurately describes the partnership form of a business organization?

A. A partnership is more difficult and expensive to start up than a corporation.
B. Owners do not have control of daily decisions unless they are officers of the partnership.
C. Owners' liability is limited to the amount of their investment in the partnership.
D. Each partner is fully liable for all debts incurred by the partnership.

Antwort: D

Begründung:
In a general partnership, each partner has unlimited liability, meaning they are fully responsible for all partnership debts, regardless of their investment. Option A describes limited liability, applicable to corporations or limited partnerships. Option C is incorrect, as partnerships are simpler and less costly to start than corporations. Option D is incorrect, as partners typically have control over daily decisions. This question falls under the Entrepreneurship category, focusing on business structures.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Entrepreneurship; Business Law, Chapter 14.

16. Frage
Which of the following laws establishes the right to form unions?

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

Antwort: C

Begründung:
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.

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

Antwort: C

Begründung:
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.

18. Frage
In international trade, the practice of dumping refers to

A. exporting normal-quality products at a price below the home market cost
B. exporting high-quality products at a price equivalent to the cost of production
C. exporting low-quality products at a price above the normal value
D. exporting unwanted products out of the country of origin

Antwort: A

Begründung:
Dumping in international trade involves exporting products at a price below their home market cost or production cost, often to gain market share or harm competitors. Option A (unwanted products) is incorrect, as dumping involves normal products. Option C (low-quality, high-price) and Option D (high-quality, cost- price) do not define dumping. This question falls under the Economics category, emphasizing trade practices.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; International Economics, Chapter 6.

19. Frage
A human resources director at a food distribution company is responsible for making sure that employees are paid according to a weekly time schedule. While the employees have chosen to be paid by direct deposit to their accounts, the company must still inform employees that the transaction has occurred. Which of the following is the most effective communication mode for providing the pertinent information?

A. Informing the workforce in a timely email notification
B. Posting a generic statement in the company's newsletter
C. Conducting a video conference for each department
D. Sending each employee a confidential paper record

Antwort: A

Begründung:
A timely email notification is the most effective and efficient way to inform employees of direct deposit transactions, as it is quick, scalable, and can be personalized while maintaining confidentiality. Option A (video conference) is time-consuming and impractical for routine notifications. Option B (paper record) is inefficient and less secure. Option D (newsletter statement) lacks specificity and confidentiality. This question aligns with the Communication and Career Development category, emphasizing workplace communication methods.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 6.

20. Frage
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