I was reading a book called "Geometry of conics" where they said:
A curve of second degree is called degenerate iff it is a product of two linear factors or if it represents a single point (for egs. $x^2+3y^2=0$).
Here a curve of second degree means a set of points whose coordinates satisfy an equation of form $ax^2+by^2+cxy+dx+ey+f=0$ in some (and hence, all) Cartesian coordinate system
So I started to wonder if there was such a second degree curve which contains exactly two points?
The importance is that any non degenerate can be written in the standard form of ellipse, parabola or hyperbola.
There are certainly non trivial fourth degree curves which contain exactly four points, for example $(x-1)^2x^2 + (y-1)^2y^2=0$
I have been thinking for a while but I can not think of either an example neither a way to prove it is not possible.
So my question is basically, Does there exist an equation of form $ax^2+by^2+cxy+dx+ey+f=0$ with which has exactly two solutions $(x,y) \in \mathbb{R}^2$
We can do a change of coordinates to simplify the equation. This follows the development in Friedberg, Insel, and Spence's Linear Algebra, 4th Edition, Section 6.5.
Consider the quadratic equation $$ax^2 + 2bxy + cy^2 + dx + cy + f = 0\tag{1}$$ with at least one of $a$, $b$, and $c$ nonzero. The associated quadratci form of $(1)$ is $$ax^2 +2bxy+cy^2.\tag{2}$$ Let $$A = \left(\begin{array}{cc} a&b\\b&c\end{array}\right),\qquad \text{and}\qquad X = \left(\begin{array}{c}x\\y\end{array}\right).$$ Then $(2)$ can be rewirtten as $X^TAX$.
Because $A$ is symmetric, it is orthogonally diagonalizable, so there exists an orthogonal matrix $P$ and a diagonal matrix $D$ with real diagonal entries $\lambda_1$ and $\lambda_2$ such that $P^tAP=D$. Let $$X' = \left(\begin{array}{c}x'\\y'\end{array}\right) = P^tX.$$ Then $X=PX$ (since $P$ is orthogonal, so $P^t=P^{-1}$.
The transformation $(x,y)\mapsto (x',y')$ eliminates the $xy$ term, and gives $$X^tAX = (PX')^tA(PX') = (X')^T(P^tAP)X' = (X')^tDX' = \lambda_1(x')^2 + \lambda_2(y')^2.$$ Performing this transformation, which amounts to a rotation about the origin, we end up with a quadratic equation of the form $$\lambda_1 (x')^2 + \lambda_2(y')^2 + Dx' + Cy' + F = 0\tag{3}$$ and because $A$ is not the zero matrix, at least one of $\lambda_1$ and $\lambda_2$ is nonzero.
If neither one is zero, then we can perform a translation and get an equation of the form $$rx^2 + sy^2 = t, \qquad r,s\neq 0.$$ Such an equation has either no solutions (if $t\lt 0$), exactly one solution (if $t=0$), or infinitely many solutions (if $t\gt 0$).
If exactly one of $\lambda_1$ and $\lambda_2$ is zero, then exchanging the roles of $x$ and $y$ if necessary and performing a translation we may reduce to the form $$rx^2 + sy = t,\qquad r\neq 0.$$ If $s\neq 0$, this has infinitely many solutions. If $s=0$ and $t\geq 0$, this has infinitely many solutions. If $s=0$ and $t\lt 0$, then this has no solutions.