Now about the next Example for Low Priority and Low Severity Bug. Here we can talk about well know and well used website portal. Yahoo.com. Everyone knows logo of Yahoo.com. Suppose while updating the website they made a spell mistake in a content. Its fine it wont impact much. User can still use the website. Its not mean that no need to fix this bug. Bug need to be fix but on Low Priority and Low Severity Bug.
This bug is in Low Priority because - Its fine it wont impact much. User can still use the website and can be fix after some time.