Of course the answer to both questions is negative but it's the consequence of a much more general fact: In any field the additive zero element can never have a multiplicate inverse. (If it did, the field's other algebraic operations would suddenly lead to contradictions.) And in this sense, there is also no difference between the expressions 1/0 = 1 · 0⁻¹ and 0/0 = 0 · 0⁻¹ because 0⁻¹ simply doesn't exist.
I've always found this explanation much more illuminating. No matter what you do, you can never have 0⁻¹!