Could not load the assembly 'DotNetNuke.Authentication.LiveID'

This Article covers the Error Could not load the Assembly 'DotNetNuke.Authentication.LiveID' when using DotNetNuke(DNN) CMS.

Issue
Your DNN website displays this error

 A critical error has occurred.
Could not load the assembly 'DotNetNuke.Authentication.LiveID'. Make sure that it is compiled before accessing the page. 


Resolution
<runtime>
    <assemblyBinding xmlns="urn:schemas-microsoft-com:asm.v1">
    <probing privatePath="bin;bin\HttpModules;bin\Providers;bin\Modules;bin\Support;" />
    </assemblyBinding>
</runtime>
  1. Access your web.config.
  2. In your web.config, make sure that this XML exists right after </system.web>

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