Water is called the “universal solvent.” which statement best explains this description with respect to ionic compounds?

It is called the universal solvent because it can dissolve a wide range of solutes. Generally speaking, water is good at dissolving ions and polar molecules, but poor at dissolving nonpolar molecules. Water molecules are polar, with partial positive charges on the hydrogens, a partial negative charge on the oxygen, and a bent overall structure. The unequal charge distribution in a water molecule allows the interaction with ions.

It will appear as o2(g) as a reactant