Electricity is such a funny thing. The smallest little fault can result in a huge explosion yet a major hazard can go unnoticed or uncorrected for years.
I guess the best comparison is lightning. It doesn't kill everyone it stikes. It doesn't burn down every building and doesn't always destroy all the electronics in a struck building.
Its random.
Fortunately, we really don't have to know the extent of the potential hazard, what the hazard may be, or how the hazard will effect the structure or a person. We just have to know what the code reuqires and enusre its complied with.
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Bryan P. Holland, MCP