The language at the outset is different from what is used in a chemistry of materials perspective. It also leaves a sense of sloppiness, throwing around terminologies and using somewhat circular sounding arguments.
A fundamental charge is a physical entity such as an electron, proton, or ion. Bound electrons are in atomic or molecular orbitals. Recognizing that we not are discussing the plasma phase, we can agree that protons are bound charges (locked in the nucleus of an atom). Finally, ions are bound when they are in ionic bonds, such as in NaCl. In solids, free electrons are those that are excited from a bound state to a higher energy level and subsequently delocalized through the material. Free ions are those that able to move in the solid, e.g. through vacancy defects.
Polarization is the physical separation of two different charges under an applied electric field. Polarization creates or increases a dipole. Only bound charges can be polarized because they can be displaced relative to other bound charges. Free charges are not displaced relative to each other, they will freely move (accelerate) in the direction of the applied field. This creates current.
From this fundamental starting point, going through the classes of materials by chemistry, we find that, when a material has the ability to support the creation of free charges under an applied electric field due to a voltage per length, current flow will dominate polarization. This covers the behavior of metals, semiconductors, and ionic conductive ceramics. This is not to say that such materials cannot be polarized. Indeed, under an applied field even in metals, we must appreciate that bound electrons in atomic orbitals may be induced to be displaced from their otherwise symmetrical orbits around the nucleus. This appreciation helps us distinguish optical properties of metals versus semiconductors. The opposite case to having free charges is easier to appreciate. When a material does not support the ability to sustain free charges, the only response mode to an electric field is polarization. We find the three main polarization modes are electronic, ionic, and molecular. Plasmon polarization, as a fourth mode, is distinct to optical response.
With this view, the answers to your questions are as follows: 1 - yes, 2 - yes, 3 - yes (assuming by “displacement electric” you mean displacement electric field). And yes, conductors indeed do have bound charges.