Answer: The spelling bee trophy has a misspelled word on it
Explanation: Irony involves a contrast or discrepancy between what is expected and what actually happens. For example, it's ironic that a pilot has a fear of heights or that a fire station burns down. In this case, being a spelling bee is a competition in recognition of the best correct speller, it's ironic that the trophy award for the winning recipient has a misspelled word on it as the best example of situational irony.