Common Contracts
1 similar Driver and Car Owner Agreement contracts
Uber driver and car owner agreement nigeriaDriver and Car Owner Agreement • August 13th, 2021
Ride-sharing giant Uber Technologies has agreed to a $20 million settlement with the Federal Trade Commission to settle claims it misled prospective drivers by making bloated claims about earning potential and ran a deceptive vehicle lending and leasing program. The $20 million settlement will go toward refunding affected drivers, the FTC said in a statement on January 19. Uber’s mobile-app-based ride-hailing service basically turns anyone who can pass a basic background test into a smartphone-summoned cabdriver. Uber drivers use their own vehicles, however, and those cars and trucks are required to meet certain standards. Own or Lease on the Cheap Of course, not everyone owns his or her own ride, let alone one that is clean and in decent working order, so Uber hatched the idea of working with subprime auto lenders and dealers for what it calls a Vehicle Solutions Program. The FTC’s complaint said the Uber program promised to connect car buyers or lessees with cheap loans or leases, an
