In a nation, the law can serve to (1) keep the peace, (2) maintain the status quo, (3) preserve individual rights, (4) protect minorities against majorities, (5) promote social justice, and (6) provide for orderly social change. Some legal systems serve these purposes better than others. Although a nation ruled by an authoritarian government may keep the peace and maintain the status quo, i…
This textbook is designed to reflect the dynamic nature of the field of risk management as an introduction to intermediate-level students. With co-author experts Etti Baranoff, Patrick L. Brockett, and Yehuda Kahane, the timely issues of the field are kept alive. The catastrophes of the first decade of the new millennium, including the credit crisis of 2008–2009, are well depicted and used to…