What requirements Texas Courts impose for someone to be an expert in Research Paper - 1

What requirements Texas Courts impose for someone to be an expert in medical malpractice - Research Paper Example Legal statutes, and laws in America, and to be more precise, in the state of Texas, have continued to change, as some parts of this statutes, have exhibited signs and mannerisms that are not entirely right, as of today. Other parts on the other hand have suffered judicial refining, that has sorted them either demolished, and some being re-structured to come out in a very different approach. As mentioned above, one statute often cited in court rulings meant to deal with the issue of medical malpractice in Texas is that of a two-year statute of limitations. When narrowed down, this is translated that, no medical malpractice issue in the state of Texas, may be brought fourth, after a period exceeding two years from the date of completion of treatment (Austin, 2012). For one to rightfully assume the title of an expert in medical malpractice, and in this case, in the state of Texas, it is of utmost importance that the individual follows the basic rules, as per the constitution of America. Many may ask the question, why is this? Primarily, such level of expertise has to be legal, and in accordance with the law. Any act that done contrary to the law, is consequently punishable in a court of law, and with this, there would not be any consideration of one being an expert, while behind bars. The Texas legislature in the year 1977 passed a well-debated and conclusively deliberated act that provided for victims medical liability as well as insurance. This statute put up with the main intention to offer subsequent response in occasion of a needy situation, to a particular case perceived with crisis in medical malpractice, was just what the public needed. The article of law that ruled over such scenarios brought with it pre-suit notification to the particular parties involved, professional reports that came by early, in the litigation process, as well as what would be

Islamic finance Research Paper Example | Topics and Well Written Essays - 500 words

Islamic finance - Research Paper Example However, there were banking activities that existed before this period although the operations were conducted in Mecca. From the historical perspective, Islamic banking can be categorized into three eras. The first era was in the early year of Islam until the time of Caliph ArRashidin. The second era of Islamic banking extends from the period of Caliphates to the fall of Uthmaniyah Empire. The third period which is the modern era is current Islamic banking. Prophet Muhammad got divine revelations that Mecca was a city of trade. There were a number of economic techniques and concepts that were used in early Islamic banking such as partnership, bills of exchange, cheques, promissory notes among others (Ahmad, 2010). Islamic banks products exclude the use of Interest which is prohibited in Islam. Rather, the Islamic banks provide an anticipated profit rate for rental rates and savings. According to Islamic Law, money should not be used to create more money. Islamic banks are required to offer services in return for a profit. Instead of the traditional accounts that have interest rates, Islamic banks offer accounts that provide profits or losses. The bank buys property with the customer money, which creates a return to the bank. In case of savings, a customer makes deposits in Al Rayan banks for an expected profit rate. Unlike interest, expected profit rate is not fixed as the profit is made through Sharia compliant investments. There is an element of risk carried in the expected profit rate, but it is usually managed by Al Rayan Bank. Islamic banks Home Purchase Plans are on the basis of leasing and co-ownership, whereby the bank and the customer purchase the property jointly. The monthly paymen ts made by the Customer little by little boost their share in the property. At the maturity of the finance term, the title of the asset is