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.
It takes your liver approximately 1 hour to process a 12 ounce beer or a shot of 80 proof whiskey. So, if you had 8 shots of whiskey it would take 8 hours for the alcohol to be processed out. It can take up to 24 hours from the time of your last drink for it to all leave your system.