Mainly transverse faults. This is caused by the way in which the sea-floor spreads, and the perpendicular faults slide past each other as the plates separate.
The plates are moving away from each other, but as the divergence is not uniform and in a single line, faults are formed between the respective sides as a result of their movement. These faults are transverse as they move side by side. This is comparable to a Conservative plate boundary, but is not to be confused with it as this is not a tectonic boundary, but a fault.
Transform and normal faults form along mid-ocean ridges such as the Mid-Atlantic ridge.
Iceland is spreading apart from the Mid-Atlantic ridge. Iceland is a hot spot on the ridge
Basalt
Ice land sits on the Mid-Atlantic ridge. It is a divergent boundary and a normal fault.
A Diverging Motion. Away from each other, a kind of spliting or movement apart from one another.
Strike-slip faults cause shearing
There are 6 types of fault lines. Strike-slip faults, dip-slip faults, oblique- slip faults, listric faults, ring faults, and synthetic and antithetic faults.
Transform boundaries are seen in earthquakes that are caused by normal faults. Some types of faults are listric or ring faults.
Thrust faults will do this - the alps. So will normal faults - horsts
Normal Faults
the answer is that compression is the kind of stress.
The Gorda ridge is a composite volcano or a "submarine volcano"