Q: Does "way" have the same meaning in the following two sentences?

Come this way and I'll show you a shortcut.

He said he was looking for the way out.

OPTIONS:
- different meanings
- the same meaning

A: the same meaning

Q: Does "water" have the same meaning in the following two sentences?

First you have to cut off the water.

The boat was found in within the territorial waters.

OPTIONS:
- different meanings
- the same meaning

A: different meanings

Q: Does "likelihood" have the same meaning in the following two sentences?

In all likelihood the meeting will be cancelled.

The likelihood is that the inflation rate will continue to rise.

OPTIONS:
- different meanings
- the same meaning

A:
the same meaning