Let $X=\{a, b, c, d, e\}$ and $T_2=\{X,\emptyset, \{a\},\{c,d\}, \{a,c,e\}, \{b,c,d\}\}$.
I know that $T_2$ is not a topology on X as the union of two members of $T_2$ does not belong to $T_2$, but is it also because of the intersection. For example, $ \{c,d\} \cap \{a, c, e\}=\{c\}$ which is not a member of $T_2$. I just want to make sure I fully understand how to prove that $T_2$ is or is not a topology on X.
Yes, you are correct. Recall the definition of a topology:
Let $\tau\subseteq\mathcal{P}(X)$. Then, $\tau$ is a topology if
1.- $\emptyset\in\tau$ and $X\in\tau$
2.- For all $U,V\in\tau$ we have that $U\cap V\in\tau$
3.- For all $F\subseteq\tau$ we have that $\displaystyle\bigcup F\in\tau$.
Then, one form to disprove that some set isn't a topology is found two sets such that their intersection isn't in $\tau$ or a collection such that their union isn't in $\tau$. Your proof is correct.