Final answer:
The logical OR (||) operator is not true only when exactly one operand is true; instead, it is true when at least one or both operands are true. Therefore, the correct answer is b) False.
Step-by-step explanation:
The statement "The logical OR (||) operator is true only when exactly one of its operands is true." is false. The logical OR operator is true when at least one of its operands is true. It does not require exactly one operand to be true; it can be true if one or both operands are true. This means that if either operand A or operand B or both A and B are true, the result of the expression A || B will be true. The only scenario where the OR operation yields false is when both operands are false.
In the context of Boolean algebra and programming, such use of Boolean operators is essential for creating conditions and managing control flow.