Question

What happens when a coil is placed in contact with a magnet?

Answer 1

Answer:

So the induced current opposes the motion that induced it (from Lenz's Law). When we pull the magnet out, the left hand end of the coil becomes a south pole (to try and hold the magnet back). ... Although it is the coil that is moving, this works on the same principle - a magnet magnetic field moving relative to a coil.