In this scenario, air resistance is ignored, allowing for a continual transformation of gravitational potential energy into kinetic energy without any loss due to air resistance.

The decrease in potential energy of the object as it falls is exactly balanced by an equal increase in kinetic energy, maintaining the total mechanical energy constant.

No, the law of conservation of energy dictates that energy cannot be created or destroyed; it can only change forms.

The law states that during energy transformations, the total energy of a system remains constant. Energy can change from one form to another, but the total amount of energy in the system remains unchanged.

Yes, the law of conservation of energy applies to all situations and all types of energy transformations, whether mechanical, chemical, thermal, or others.