Examlex
A contingent liability is recorded by making an appropriate journal entry if the likelihood of a loss is remote.
Resistive Circuit
A type of electrical circuit that consists solely of resistors and obeys Ohm's Law, designed for applications where resistance is the primary concern.
Lenz's Law
A principle stating that an induced electrical current will flow in a direction that opposes the change causing it.
Inductor Coil
A component consisting of a wire wound around a core, used in circuits to store energy in a magnetic field when electrical current flows through it.
Voltage
The measure of electrical potential difference between two points in an electric field, driving electric current between those points.
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