So that would be like multiplying (sin(x)/cos(x))*cos(x). The cos(x) will cancel, leaving you with just sin(x). Of course, that is assuming that cos(x) does NOT equal 0.
Yes, except when theta is an odd multiple of 90 degrees (an odd multiple of pi/2 radians). At those points, cos(theta) = 0 and sin(theta) = 1 and tan(theta) is undefined.