This paper, as its main didactic objective, shows the conditions needed for the validity of Faraday's law of induction. Inadequate comprehension of these conditions has given rise to several paradoxes about the issue; some are analysed and solved in this paper in the light of the theoretical deduction of the induction law. Furthermore, an experimental set-up, in which such conditions are experimentally tested, is included. The experiment is not complicated and the method we use, and similar methods used elsewhere, is widely considered as suitable laboratory practice for students of first university courses in physics and engineering. (Contains 10 figures.)