1) Electromagnetic induction occurs when the magnetic flux through a circuit changes, inducing an emf and current based on Faraday's laws.
2) Lenz's law states that the direction of induced current will oppose the change producing it, in accordance with the law of conservation of energy.
3) The magnitude of induced emf is proportional to the rate of change of magnetic flux through the circuit according to Faraday's second law. Induced emf can be produced by changing the magnetic field strength, area of the coil, or relative orientation between the coil and magnetic field.