No if the denominators cancel each other out there is no asymptote
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Assume the rational function is in its simplest form (if not, simplify it). If the denominator is a quadratic or of a higher power then it can have more than one roots and each one of these roots will result in a vertical asymptote. So, the graph of a rational function will have as many vertical asymptotes as there are distinct roots in its denominator.
Every function has a vertical asymptote at every values that don't belong to the domain of the function. After you find those values you have to study the value of the limit in that point and if the result is infinite, then you have an vertical asymptote in that value
no
The horizontal asymptote is what happens when x really large. To start with get rid of all the variables except the ones with the biggest exponents. When x is really large, they are the only ones that will matter. If the remaining exponents are the same, then the ratio of those coefficients tell you where the horizontal asymptote is. For example if you have 2x3/3x3, then the ratio is 2/3 and the asymptote is f(x)=2/3 or y=2/3. If the exponent in the denominator is bigger, than y=0 is the horizontal asymptote. If the exponent in the numerator is bigger, than there is no horizontal asymptote.
approaches but does not cross