120 is the lowest of many.
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1, 2, 4, 8, 16, 32 and 64 itself
No.16 = 16/1 which is of the form of 'one whole number' over 'another whole number' which is the form of a rational number.
Because it is not part of a mixed number or a decimal number so therefore 16 is a whole number which is an integer
The limit is infinity if the factors do not have to be whole numbers. If you stipulate that the factors have to be whole numbers, then, yes, for each number, there is a limit to how many factors it has. For example, the number 4 has only 3 whole-number factors: 1, 2, and 4.
It would round to 16 as a whole number.