Just a point of clarification regarding an example we did in class in which a wire loop undergoing a change in magnetic flux was connected to a capacitor circuit. We calculated the charge on the capacitor during the change in flux by considering the emf produced and the voltage across the capacitor. However, a question arose about whether the charge would take time to build, and how this would affect the value we calculated. The short of it is that most of the charge builds on the capacitor after a time equal to the characteristic time, which equals RC. I didn't specify an R in the problem, but we can imagine that it would be quite small since the wire has little resistance. So it takes very little time indeed for us to reach the charge value we calculated. In the ideal limit in which the wire has no resistance, RC = 0 and the charge builds up in zero time.