SharePoint Error: “The page you selected contains a list that does not exist” or “The SPListItem being updated was not retrieved with all taxonomy fields”

If you add a managed metadata field to a view in SharePoint, you might get the cryptic error message “The page you selected contains a list that does not exist”. Variations of this error can be seen when you, either using a browser or via code, try to update a list item and receive the following error: "The SPListItem being updated was not retrieved with all taxonomy fields”.

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