In electrochemistry, the concepts of oxidation and reduction reactions are fundamental in understanding how cells generate energy. Consider the electrochemical cell that consists of a zinc electrode immersed in a zinc sulfate solution and a copper electrode immersed in a copper sulfate solution. The standard reduction potentials for Zn2+/Zn and Cu2+/Cu are -0.76 V and +0.34 V, respectively.
Based on these potentials, which of the following statements regarding the electrochemical processes in this cell is correct?