A Closed,circular Loop Has a Counter-Clockwise Current Flowing Through It

question 16

Multiple Choice

A closed,circular loop has a counter-clockwise current flowing through it as viewed by a person on the right,as shown in the figure.If a second closed circular loop with the same radius approaches this loop with constant velocity along a common axis as shown,in what direction will a current flow in the approaching loop as viewed by the person on the right?

• A) clockwise
• B) counter-clockwise
• C) No current will be induced because the velocity of approach is constant.

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Definitions:

Par Preferred Stock

Preferred shares of a company that have a declared face value and potentially have priority over common stock in dividend distribution.

Shares

Shares represent an ownership stake in a company or financial asset, entitling the holder to a proportional share of profits, distributed as dividends, if announced.

No-par Common Stock

Shares issued without a specified face value, allowing the company flexibility in setting their price.

Stated Value

A value assigned to no-par stock by the board of directors of a company, used as the basis for capital accounts in the shareholders' equity section of the balance sheet.