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No. A polynomial can have as many degrees as you like.
It can: For example, the linear polynomial 2x + 4 can be factorised into 2 times (x+2) So the question is inappropriate.
A polynomial with a degree of one, of the form y = ax + b, where a and b are constants.
It is a linear expression.
A linear equation is one which represents a straight line. When drawn (y plotted against x), a degree 1 polynomial produces a straight line.