Introduction
Opening a business in Canada offers many opportunities, and the environment remains user-friendly. Many entrepreneurs are inspired by the country’s strong economic development and its growth potential for new ventures. The government allows underage children to be legally included in business operations (Brownlee et al., 2018). The country also allows small companies to receive funding and ensure further survival in the chosen market.
Crowdfunding is one of Canada’s main branches of funding, and new businesses need to pay attention to the digital aspect of their operations (Boylan et al., 2018). However, entrepreneurs must make accurate business plans to obtain relevant support, including financial statements, marketing, and competition evaluations. Preparing legal contracts is also crucial for new companies and entrepreneurs to follow specific law requirements to avoid monetary penalties. Therefore, this paper will cover the principal legal regulations provided by Canada’s government authorities. Moreover, states the need for an enforceable contract related to the business participant.
Provincial Legislation and Child Protection
To make the contract enforceable in Canada, it must fulfill specific requirements. For example, Martin-Bariteau & Pavlovic (2021) stated that legal agreements should include particular offers made by one party and follow the other party’s needs. Both sides should agree on the same terms and avoid fraud in all areas. The authors also proposed that consideration is one of the main parts of contract development as every party should share their value and stay equal with colleagues. These values include money, goods, services, or legally supported promises. The case has shown that one of the founders is 16 years old, and based on Canada’s laws, the legal age to start a full-scale business is 18 years old (Yates et al., 1986). However, a 16-year-old boy can continue being a part of the cookie business but has a limited capacity to enter the contract and make serious business decisions. A group of young people should ensure that at least one person is older than 18 to follow all government regulations.
Ethical Considerations in Marketing
The contract for the cookies business should be covered by provincial legislation in Canada, which also covers the Child Protection Act. The child who participates in the company should not be used as cheap labor, and the government should protect all the rights (Vanderloo & Tucker, 2018). In Ontario, the legislation that controls contracts is Ontario’s Law of Poverty Act (van Stokkom & Terpstra, 2018). The regulations written in this act protect a significant part of business operations and consumers’ rights. Young entrepreneurs need to avoid their contract development and ask for help from lawyers. Based on Ontario law, consulting with an expert in this sphere can bind all contract parts efficiently and fairly to all shareholders.
Additionally, it is crucial to follow an ethical manner when promoting organic products and celebrities. Bivins & Bivins (2023) explained that in some cases, advertising with the help of famous people might be ruined because of the prolonged use of the advert or promotion of the wrong product. Consequently, the new cookie company should pay attention to producing contracts with external parties to ensure everyone is treated correctly.
Conclusion
In conclusion, the opening of the new cookies venture is a perspective. However, young people might need to gain knowledge of the legal aspects, and they need to ask for professional help. Additionally, the participation of the underage individual might make it more complicated for the business to be opened and funded. Therefore, all legal contracts should be developed accurately based on such acts as child protection and customer rights.
References
Bivins, T., & Bivins, T. (2023). Mixed media: Moral distinctions in advertising, public relations, and journalism. Taylor & Francis.
Boylan, D. H., Nesson, D., & Philipps, J. (2018). Understanding crowdfunding for business funding – a legal and platform review. Journal of Accounting & Organizational Change, 14(3). Web.
Brownlee, J., Hurl, C., & Walby, K. (2018). Corporatizing Canada: Making business out of public service. Between the Lines.
Martin-Bariteau, F., & Pavlovic, M. (2021). AI and contract law. Web.
Vanderloo, L. M., & Tucker, P. (2018). Physical activity and sedentary behavior legislations in Canadian childcare facilities: An update. BMC Public Health, 18(475). Web.
van Stokkom, B., & Terpstra, J. (2018). Plural policing, the public good, and the constitutional state: An international comparison of Austria and Canada – Ontario. Policing and Society, 28(4). 415-430. Web.
Yates, R. A., Bereznicki-Korol, T., & Clarke, T. (1986). Business law in Canada. Pearson.