Final answer:
When injecting depolarizing current into an axon midway between the soma and the axon terminals, an action potential will be generated at the injection site and it will travel towards the axon terminals.
Step-by-step explanation:
When injecting depolarizing current into an axon midway between the soma and the axon terminals, an action potential will be generated at the injection site. The depolarization from the action potential will spread in both directions along the axon, but since voltage-gated Na+ channels inactivate at the peak of the depolarization, the depolarization cannot propagate back towards previously opened channels. Therefore, the action potential will only travel towards the axon terminals and not towards the cell body.