Let $K$ be an assotiative ring with 1 nonzero multiplication. Is it true that if $K$ consists of two elements then $K \cong \mathbb{Z}_2?$
It is clear that second element is $0$ and $1 \cdot 1=1, 1\cdot 0=0, 1+0=1, 0+0=0$ but what about $1+1?$ It must be equal only $0$ and $1+1=1$ is impossyble?