Boot control block is typically the first block of the boot
partition (boot block). It contains information to boot the OS from
the disk.
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/boot directory is where all the file to boot Linux are stored
it include the kernel image , initial ram disk. This files are read
by the boot loader at the boot time.
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The MBR takes control of the boot process from the sytem
bios.
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It means exactly what it says. The bootloader, SYSLINUX, could
not find a kernel image on the boot media, thus it cannot boot the
operating system.