What are some different situations in which Bilbos ring helps him out of a jam?

Bilbo has the ring which, when used in moderation, can get them out of most any jam. Bilbo uses the ring to thwart the spiders' plans. Bilbo, being invisible, frustrates the spiders and lures them away from the dwarves. Bilbo then doubles back and frees the dwarves.

yes you are right, good job