While using an AB 1794-OW8 module FLEX Digital Contact Output Module, provides 8 isolated Form A (normally open) contacts capable of switching up to 2.0 A at up to 230V ac and 125V dc. I found, under no load, 15V ac voltage leaking through the contact in the open (off state), this should be a dry contact reed relay. When energized the voltage potential was 100V ac. Yes the module was bad and when replaced the true potential of 115V ac was again applied to the output in the closed (energized state) and 0V ac in the open (off state). I have always thought this was a true relay output. I am speculating that carbon on contacts may have allowed for leakage when closed, and maybe acted as a resistance when closed. Any thoughts or speculation...