I’m working on a Law question and need guidance to help me study.
Fact pattern: Joe and James are brothers who decide to go into a landscaping business together. Joe has most of the money to put up and James has extensive gardening knowledge. They will need to have at least a couple employees to help do the work. They are trying to decide how to organize the business — a general partnership, a limited liability company or a corporation.
Question: Explain the pros and cons of each of these types of business forms and recommend which one you would choose in this scenario and why.
You must cite your sources in your answer and use APA citation format. Failure to include your sources will result in no credit ( -0-) for this question.