An investment firm has asked you to evaluate Ubers legal exposure for the conduct of its drivers.

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Business Finance

Description

Uber is largely hailed as the advent of the gig economy, which is the idea that people will not work for any one employer, but instead will work on projects for any variety of companies desiring their services. While creating a new type of entrepreneurship for individuals, it raises a host of new legal questions for companies around the law of agency.

An investment firm has asked you to evaluate Uber’s legal exposure for the conduct of its drivers.

Write an interoffice memo in which you:

  1. Summarize the main principles of agency.
  2. Analyze the circumstances under which Uber might be liable for the conduct of its drivers.
  3. Identify the steps Uber can take, if any, to limit its legal exposure for the conduct of its drivers.
  4. Use at least three (3) quality resources in this assignment. Note: Wikipedia is not an acceptable reference and proprietary Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Your news brief or memo should include a heading, summary statement, background and recommendations.

The specific course learning outcomes associated with this assignment are:

  • Analyze and apply the concepts of ethical decision making, corporate governance and corporate social responsibility.
  • Analyze and evaluate the employment-at-will doctrine and the statutory protections afforded employees.
  • Analyze and evaluate laws and regulations relative to product safety, liability and representations.
  • Write clearly and concisely about law, ethics, and corporate governance using proper writing mechanics.

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Explanation & Answer

Attached.
Attached.

Running Head: THE AGENCY RELATIONSHIP

The Agency Relationship
The Case of Uber
Name
Instructor
Institutional Affiliation
Date

1

2

THE AGENCY RELATIONSHIP
Memo
To: Investment Firm Employees
From: Agency Relationship Advisor
Subject: Uber’s legal exposure for the conduct of its drivers
Date: November 25th, 2017
The main principles of agency relationship

The law of agency plays a critical role in commercial transactions especially with the
advent of modern commercial companies which by legal terms is considered as having
personality and may enter into a contractual agreement, be sued and can sue (Mitnick, 2015). In
the business world a common phrase of working on behalf of the other is has found its way into
some business documents and legal contracts. An agency is a legal relationship especially
between two parties-the agents and the principle in which case the agent is the legal
representative of the principle (Mitnick, 2015). It is important to understand that an agency is a
relationship is established in the event one person has the legal authority to act on behalf of the
principle. In this regard, the principle must have the contractual capa...


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