The term common factors specifically refers to the factors shared by two or more numbers. Since 240 is a single number, you could say that it shares all of its factors with itself.
The factors of 240 are: 1, 2, 3, 4, 5, 6, 8, 10, 12, 15, 16, 20, 24, 30, 40, 48, 60, 80, 120, and 240.
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80
The common factors of 150 and 240 are 1, 2, 3, 5, 6, 10, 15, and 30.
240 comprises three prime factors: 2, 3, 5
24 x 3 x 5 = 240
The least common multiple of 80 and 120 is 240.