Final answer:
The verse form in question is the Shakespearean sonnet, which is composed of 14 lines in iambic pentameter and follows the rhyme scheme ABABCDCDEFEFGG.
Step-by-step explanation:
The 14-line iambic pentameter verse form that typically rhymes ABABCDCDEFEFGG is known as the Shakespearean sonnet or the English sonnet. This form is distinguished by its structure, which includes three quatrains (four-line stanzas) followed by a final couplet (two-line stanza). The Shakespearean sonnet often explores themes of love, time, beauty, and mortality, and is highly regarded for its expressive and rhythmic qualities.
A classic example of iambic pentameter can be found in Shakespeare's Sonnet 18, "Shall I compare thee to a summer's day?", where the pattern of unstressed-stressed syllables is consistent throughout the poem. This meter is one of the most commonly used in English poetry, and it creates a natural flow that is similar to the rhythm of everyday speech.