Yes. Potentially you can die. You would most likely become very ill as the bacteria will build up and when you eat it the bacteria will give you food poisoning symptoms (vomiting, diarrhea). If it is severe it can cause dehydration. It is dehydration that would cause organ failure and potentially death.
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The concept of a readymade are manufactured objects. The artist used this to reposition and tilt the object and this became art. They lastly signed it.