Final answer:
Nitrogen and oxygen share electrons through covalent bonds to form a compound, with NO (nitric oxide) having a double bond between the atoms. Nitrogen does not accept electrons from oxygen or vice versa; it's a mutual sharing to achieve stable electron configurations.
Step-by-step explanation:
The compound formed between nitrogen and oxygen is characterized by a sharing of electrons via covalent bonds. When discussing the compound NO, or nitric oxide, this molecule consists of a bond where nitrogen and oxygen share four electrons.
In this case, nitrogen does not strictly accept electrons from oxygen nor does oxygen from nitrogen; rather, they both contribute electrons to form a covalent bond. The correct statement describing their interaction is that nitrogen and oxygen share electrons through covalent bonds.
A triple covalent bond can be seen in the nitrogen molecule (N₂), where two nitrogen atoms share three pairs of electrons.
However, the compound NO forms a double bond as illustrated by the Lewis structure: Nitrogen (N) with one full lone pair, an additional lone electron, and an Oxygen (O) with two lone pairs, where the four shared electrons constitute a single double bond between them.