As it dissolves a large number of solid, liquid and gaseous substances it's called a universal solvent. It's important for living thing because all of them depend on water to survive. For example, many organisms live in the water and they find some of the nutrients that are necessary for live dissolved in water - gases included.
The pressure of the gas is expected to increase in accordance to Boyle's law.
<h3>What is Boyle's law?</h3>
Boyle's law states that, the volume of a given mass of gas is inversely proportional to its pressure at constant temperature.
By implication, when the piston is lowered and the volume of the gas is decreased, the pressure of the gas is expected to increase in accordance to Boyle's law.
Learn more about Boyle's law: brainly.com/question/1437490
Compounds are not formed by accepting electrons. Number 1 and 3 are correct.