For a straight wire moving perpendicular to a uniform magnetic field in velocity v,
$$ε=\dfrac{\Delta \Phi}{\Delta t}=\dfrac{BLv \Delta t}{\Delta t}$$
So the induced e.m.f in the conductor as it moves through the magnetic field is:
$ε = BLv$. However, isn't the rate of magnetic flux cut by the straight wire itself zero? The straight wire has the same amount of flux cutting through it every second. The area where the wire cut across the magnetic flux is changing with time, but it's not a closed area. Does Faraday's law apply to unclosed areas too?
Also, Faraday's law states that 'the magnitude of the emf induced in a circuit is proportional to the rate of change with time t of the magnetic flux $\Phi$ that cuts across the circuit', but where is the circuit here?