Sharing business with significant business improvements

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You and your associate believe that you can start a new ride sharing business with significant business improvements over the two existing ride-sharing businesses. Those existing businesses have issues with the legal status of their drivers, among other issues. If you have to provide your drivers with the full range of employee benefits (minimum wages, social security contributions, unemployment compensation, worker’s compensation and medical insurance), your costs will exceed your competitors and your business would not have the profits you need. You will control the process of providing the users with the app, charging the users your rates, qualifying and managing drivers and deciding the amounts to be paid to the drivers. What legal status would you give your drivers and how would you legally defend that status? What would you do to eliminate your liability for any torts committed by the drivers and to protect your trade secrets?

Reference no: EM132303760

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