Legal Liability and the Gig Economy. Mathematics & Economics

Legal Liability and the Gig Economy
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Legal Liability and the Gig Economy
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Subject: Evaluation of Uber’s Legal Exposure for the Conduct of its Drivers
Summary of the Main Principles of Agency Law
The main principles of agency law include
* Actual express authority – this principle mainly details instances where the principal (Uber) dictates or directs the actions of the agent (drivers). Here, uber controls the actions of the drivers and would assume liability over the actions of its drivers. The agents are, therefore, guided by the actions and inactions of the principal.
* Actual implied authority – this principle details an instance where the agent has indirect authority to act to accomplish whichever task they ought to. In the case of Uber, the drivers could choose to do something and reason or invoke the authority of the principal (Uber). The above could happen even when Uber or principal has not authorized the action in question.
* The principle of apparent authority – with this principle, the principal does not have an agreement or contract with the agent but with a third party. For example, Uber could have an agreement with its customers but not its drivers.
* The principle of ratification – this principle dictates that if a contract is made on behalf of the principal without its knowledge but upon learning about it the principal adopts it, the contract becomes binding. For examp...