Obviously gravity pulls objects towards the earth's surface. Now suppose I have a refrigerator and a magnet. The magnetic force is perpendicular to the gravitational force. So it is not counteracting it. So why does the magnet not get pulled to the ground since no other force is opposing it?
My instinct is that the magnetic force pulls the magnet closer to the refrigerators surface and this increases the friction. as a result the magnet does not fall to the floor. But I'm not sure this is correct.