A limit does not exist in the following main scenarios:
- When the function exhibits wild oscillations near the point, bouncing between different values and not settling (e.g., infinite oscillation).
 - When the left-hand limit and right-hand limit as the variable approaches the point are different values, so the two-sided limit cannot be assigned one value.
 - When the function grows without bound, approaching positive or negative infinity, causing unbounded behavior at that point.
 - When there is a gap or a hole in the function at the point (discontinuity or undefined value).
 - When algebraic evaluation leads to division by zero where the numerator is not also zero, indicating no finite limit.
 
In essence, a limit exists only if the function approaches a single finite number from both sides as the input approaches the point. If any of the above conditions occur, the limit does not exist.
Examples include:
- Different limit values from the left and right.
 - Vertical asymptotes where the function goes to infinity.
 - Oscillations like those from sine(1/x) near zero.
 - Discontinuities where a function has a break or hole.
 
This gives a comprehensive view of when limits do not exist.

