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Tangible assets that the household owns are:
Runout
Any kind of wobble in a rotating component. Runout may be axial or radial. Using the example of a wheel on a vehicle, axial runout would be wobble as viewed from the front or rear of the vehicle, and radial runout would be wobble viewed from the side of the vehicle.
Tire Blow-Outs
Sudden failures of a tire due to excessive pressure, impact damage, or weakness in the tire structure, often leading to loss of vehicle control.
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