1) Biological oxidation (also called respiration) is an ATP-generating process where oxygen serves as the ultimate electron acceptor, reducing oxygen to water.
2) Mitochondria contain the enzymes of the electron transport chain in cristae, using a proton gradient across the inner mitochondrial membrane to drive ATP synthesis.
3) The electron transport chain is made up of four complexes that transfer electrons from electron donors like NADH to ultimately reduce oxygen, using the energy from electron transfer to pump protons out of the mitochondrial matrix.