Contractual fund is a kind of trust relationship, which gives the Trustee much freedom to manage the fund property, it may bring on the moral hazard.
契约型基金本质上是一种信托关系，它赋予受托人充分的自由度和信托资产的控制权，容易产生道德风险。
2
The road traffic accidents seriously threaten people's life security and property security, so it becomes a public hazard in today's society.
道路交通事故已成为当今社会的一大公害，严重地威胁着人们的生命和财产的安全。
3
Under hazard load, the important function of engineering structure of small town is lost, the structure is destroyed seriously, even collapse, which causes enormous life and property loss.