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• s  fraught with danger
  a perilous voyage across the Atlantic in a small boat

• Taiwan's presidential election might prove to be a perilous watershed in its relationship with China.
• Forty is the perilous age for a workingman.
• They told stories of bombs and artillery turning their houses and courtyards into fiery traps, of perilous rescues, of the fear that they have nothing left to return to.

• parlous
• precarious
• touch-and-go

News & Articles

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• VIDEO | Dire time in Washington during War of 1812
  The Fold Monday evening featured an interview about "Through the Perilous Fight" and the burning of Washington in 1814.
  June 11, 2013 - Washington Post
• Licensing: No Free Ticket To Sales
  Managing intellectual property and other intangibles may seem like pure finance. Beware that dangerous trap. Intangibles can cut deep into operating issues, especially customer perception and customer service. While you may not (or may no longer) manage the manufacturing of a branded product, neglecting perceived brand identity and ownership can result in perilous abdication.
  June 11, 2013 - Forbes