Case : Read the passage and answer the question(s).

Lenz' Law states that the polarity of induced EMF is such that it tends to produce a current which opposes the change in magnetic flux that produced it. Hypothetically or not, assume that on approaching the magnetic north pole towards a coil, the coil develops current in clockwise direction. 

Which of the following is true?

The statement is incorrect and is hypothetical.

On approaching magnetic north pole, the coil will develop counter-clockwise direction.