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LARSON v. UNLIMITED BUSINESS EXCH. OF N.D.

Civ. No. 10280.

330 N.W.2d 518 (1983)

John A. LARSON, Plaintiff and Appellee, v. UNLIMITED BUSINESS EXCHANGE OF NORTH DAKOTA, INC., a corporation; Unlimited Business Exchange, a partnership, Defendants, and Richard Collins, Defendant and Appellant.

Supreme Court of North Dakota.

March 3, 1983.

Attorney(s) appearing for the Case

Fleck, Mather, Strutz & Mayer, Bismarck, for plaintiff and appellee; argued by Steven A. Storslee, Bismarck.

Teevens, Johnson, Montgomery, Minot, for defendant and appellant; argued by Bruce Montgomery, Minot.

SAND, Justice.

Richard Collins appealed from an order denying his motion for a judgment notwithstanding the verdict or, in the alternative, for a new trial.

In the fall of 1979 Willis Wright, of Salt Lake City, Utah, informed Richard Collins and his brother, Douglas Collins, of the opportunity to purchase a franchise for a trade and barter organization in western North Dakota. In March 1980 the Collins brothers and other investors formed a corporation,

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