WUEST, Justice.
Edwin and Loretta Vreugdenhil appeal from an order denying their claim for exemplary damages. We reverse and remand.
In 1972, Ed Vreugdenhil (Ed) purchased a one-half interest in Menning Implement Company (Menning) of Corsica, South Dakota. Ed and Sidney Hoekstra (Hoekstra), the owner of the remaining one-half interest, operated the business together until 1979 when Ed purchased Hoekstra's interest in Menning. A portion of the downpayment for...
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