Larson v. Unlimited Business Exchange of North Dakota, Inc.

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 cor poration, “Unlimited Business Exchange of North Dakota, Inc.,” (UBE) with its registered office located in Bismarck, North Dakota. Douglas Collins was…