A CD drive, capable of recording onto a CD-R disc. It will be marked somewhere as a CD-RW.
To copy a CD that is not a copy you can get a RW CD. This is a CD that can have things copied onto it.
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Cassettes ARE magnetic recording tape. You can record these onto a computer and then burn them to CD, or use a standalone CD recorder to transfer the recording.
Unless you have a dual CD drive system, you will have to copy [rip] the 1st CD onto your hard drive, then copy [burn] those files onto the blank CD. If you have a dual drive system, insert the 1st CD into the read only drive and the blank into the CD-RW drive and transfer the data.
No.
Copy and Paste
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Copy and paste all of the music files from the music CD into your computer, then insert a blank disk (your computer needs to be able to format CDs and write data onto them). Format the blank disk and copy + paste all of your music files onto the blank CD.
A normal CD can have information recorded onto it once only. A CD Recordable can have information added to it after the original recording has been made
Windows Media Player, iTunes or any CD burning software can do this
Insert a blank CD, create a Playlist, and then click "Burn CD" in the bottom right hand corner.