What is the name of the quickly formed light duty eye that is most readily applicable when hoisting a load?

The correct answer is the Cats Paw. This hitch is specifically designed for quickly forming a secure, temporary loop in a rope without needing a complex tie. It is particularly useful when lifting or hoisting loads because it allows for easy attachment and detachment from the object being lifted.

The Cats Paw creates a secure grip, which minimizes the risk of slippage when a load is being raised. It is widely used in various applications within the electrical trade when maneuvering equipment or materials where a simple and effective hitch is needed.

While other knots have their uses, they may not provide the same level of security and ease of adjustment for hoisting tasks. For example, a Bowline creates a fixed loop but can be less practical for quick adjustments in a hoisting scenario. The Figure Eight offers strong security but may be more complicated to tie and untie when speed is essential. A Slip Knot, although easy to tie, does not provide the reliability needed when lifting heavy loads, as it can slip under pressure. Hence, the Cats Paw is the preferred choice in this context.