It is an essential principle employed in this paper that properties of a group which has only a multiplication can be studied in a ring which has both additive and multiplicative operations. We also achieve, to a certain extent, a unified theory to explain some facts concerning finitely generated groups which are contained in the works of J. W. Alexander, W. Magnus, K. Reidemeister, and R. H. Fox. A group may be defined by generators and relations; i.e., it may be taken as a factor group F/R, where R is a normal subgroup of a free group F. H. Hopf [5] has shown that [F, F]/[F, R] is invariantly defined for F/R; to be explicit, F/R-F'/R' implies [F, F]/[F, R]-[F', F']/[F', R']. After some preliminaries about group rings in ?1, we proceed to establish a theory of presentations of groups and to generalize the above mentioned factor group in ?3. A family of invariantly defined quotient rings are obtained from the group ring of JF of F over J. In ?5, we extract invariants from these quotient rings by mapping each of them homomorphically into another ring of a suitable structure. The homomorphisms we use for this purpose are those induced by a homomorphism of JF into a noncommutative formal power series ring due to Magnus. A family of groups under our consideration for equivalence by isomorphism often have some common properties. For example, in the family of knot groups, each group made abelian is infinite cyclic. Therefore stronger invariants may be expected. Having this in mind, we develop the B-presentation theory in ?6. In order to derive invariants from the invariantly defined quotient rings just mentioned, Fox free differentiation becomes our main tool. Invariants resembling Alexander polynomials are produced; the computation for these invariants bears close relation with the Jacobian matrix theory in [4 ]. ?4 is mainly concerned with properties of noncommutative formal power series rings. The following notations will be universal in this paper: For elements u1, u2, of a group, [u1, u2] =ulu2u' 1uj, and [u1, * * , uP1]= [[u1, * u, up], up+i], p>2. Let A and B be subgroups of
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