Find the synonym of the underlined word.
Icy roads and poor visibility are familiar traffic hazards in this region.

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Chances

answer is B.

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Hazards means peril or risk. We also know that synonyms are words that have the identical meaning as that of the given word. Hence, the synonym for hazards must mean the identical as hazards.
Chances are the word form of the noun, chance. It means the opportunities taken. We observe that the meaning of chances isn't the identical because the meaning of hazards. So, option A isn't the proper answer.
Dangers is that the plural of the noun, dangers. It means peril or risk. We observe that the meaning of danger is that the same because the meaning of hazards. So, option B is possibly the right answer.
Condition means circumstances and surrounding factors. it's a noun. We observe that the meaning of the condition isn't the identical because the meaning of hazards. So, option C isn't the right answer
Occurrences is that the form of the noun, occurrence. It means to happen or an occasion. We observe that the meaning of occurrences isn't the identical because the meaning of hazards. So, option D isn't the right answer.
Hence, option B is the correct answer.