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Username: ForexGuy

Rating:
Guru Stars

Asked to: Heng Kim

Date Created: 29 Dec 2015
Category 28
Tag Financial
Question What is dangerous asset?
Advice from Guru
Hi Forex Guy,

An asset which, by its nature, creates a substantial risk of liability to the asset owner. Dangerous assets include commercial real estate, motor vehicles and construction equipment.

Risk of personal injury and/or property damage is higher with dangerous assets. For example, a truck, by its mere use, has the potential to cause physical harm to its occupant as well as bystanders.

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