The significance is that Ohm's Law - together with the two Kirchhoff's Laws - are used all the time to do all sorts of calculations in circuits.
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ohms law.
No.
no
in transformer
Using Ohms Law, the answer is 120/0.5 = 240 Ohms.
ohms law.
To find the conductance using ohms law,you take the inverse of the resistance(/R)
No.
no
Current
ohms=amps/volts Amps= volts/ohms Volts = Amps*Ohms
Ohms law does not consider inductance
Ohms law.
in transformer
no
The mathematical form of Ohms law is I=V divided by R. I is current, V is voltage while R is the resistance.
Ohm's Law is unrelated to power.