no i caught mine in a regular pokeball. if i were you i would save it for kuyrem.
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Yes, if you have a Pokemon hold a Master Ball and then trade the Pokemon, you will have transfered the Master Ball.
no it won't be holding a master ball cos when you used the master ball to catch a certain Pokemon, the master ball will be gone in your inventory because it is a consumable.
to get a 2nd master ball trade with 50 diffrent people and go see a man in black in the castela pokemon center
No.
there is no master ball in diamond and also great ball. but there is silver ball-silver ball is like a master ball.