Answer
a. Either one or two is possible
b. Yes
Work Step by Step
a. acceleration being 0 means that the objects velocity is not changing. This could mean that the object has a constant velocity, which also gives it the possibility that the velocity can be 0. Therefore both one and two are possible.
b. Yes, there is a third force. Since both forces have the same magnitude but are not directly opposite each other, there has to be a third force to keep the object at rest.