(i) Current in the network before load resistance is connected [Fig.]

= 24/(12 + 3 + 1) = 1.5 A
∴ voltage across terminals AB = Voc = Vth = 12 × 1.5 = 18V
Hence, so far as terminals A and B are concerned, the network has an e.m.f. of 18 volt (and not 24 V).
(ii) There are two parallel paths between points A and B. Imagine that battery of 24 V is removed but not its internal resistance. Then, resistance of the circuit as looked into from point A and B is [Fig.]

Ri = Rth = 12 × 4/(12 + 4) = 3Ω
(iii) When load resistance of 15Ω is connected across the terminals, the network is reduced to the structure shown in Fig.

I = Vth/(Rth + RL) = 18/(15 + 3) = 1A