In theory, the voltage across a wire is zero, so any components bypassed by a short circuit can be ignored when analyzing the circuit.
A real wire, however, is not an ideal conductor. Is there any real-world situation where you would have a circuit where a component is deliberately short-circuited?
Best Answer
I worked with a guy who liked to do this:
simulate this circuit – Schematic created using CircuitLab
In normal operation the LED is short circuited. If the fuse blows you've got a nice indicator to tell you why your circuit suddenly stopped working.
I can't say I'm 100% sure of the wisdom of continuing to run current through the load once it's had a fault that makes it blow a fuse though.