Kevin, Sean, and Chris have agreed to do business together as landscapers, but they are uncertain as to whether they should form a general partnership or a limited partnership. Chris knows nothing about the landscaping but has $100,000 in cash to contribute if he deems the venture a good investment. Kevin and Sean have worked as landscapers for the past twelve years, so they know the business well. However, neither have much cash to contribute to the business.

• Advise these three individuals as to whether a general partnership or a limited partnership would best suit their needs.
• Begin by first explaining the pros and cons of each business entity.
• Afterward, discuss any factors each should consider before moving forward.
• If each had about the same amount of money to contribute, would your advice be different? Why or why not?

References must be cited.