contingent liability. An obligation that may result, but is not likely to result because the event causing the obligation is improbable.For example, the award from a lawsuit against a firm is a contingent liability of the defendant if there is little likelihood the plaintiff will recover the award.ontingent liability. An obligation that may result, but is not likely to result because the event causing the obligation is improbable.
We have all heard the rule of thumb that your liver can process one beer an hour. I've never been sold on the claim, here's why. While there is no agreement on the exact rate, most research has concluded that the liver can process about 0.25 fluid ounces of alcohol per hour (some find a higher rate, while some lower). This rate is largely independent of your weight or gender.
Once alcohol has entered your bloodstream it remains in your body until it is processed. About 90-98 per cent of alcohol that you drink is broken down in your liver. The other 2-10 per cent of alcohol is removed in your urine, breathed out through your lungs or excreted in your sweat. The average person will take about an hour to process 10 grams of alcohol, which is the amount of alcohol in a standard drink. So if you drink alcohol faster than your body can process it, your blood alcohol level will continue to rise.