I'm really confused about notions in limit section .
Question 1 : I want to know when we can say that $f(x)$ has a limit ? In other words , what's the necessary and sufficient condition for $f(x)$ that has limit ? Is infinity ($\infty)$ or minus infinity ($-\infty)$ considered as limits ?
Question 2 : What is the a bound ? Why we define bounded or not bounded function when we have limit concept ? What is the application of bound in functions ?