Question: What is the difference between the margin and padding properties?

1. Margin adds space around and inside of an element; padding adds space only inside of an element.
2. Margin adds space around an element; padding adds space inside of an element.
3. Margin adds a line around an element, padding adds space inside of an element.
4. Margin adds space inside of an element, padding adds space around an element.

Answer: The correct answer of the above question is Option B:Margin adds space around an element; padding adds space inside of an element.