Pinkerton & Laws Co. v. Atlantis Realty Co.

Clark, Judge.

"Finder’s fee” contracts, euphemistically , termed "business opportunity agreements” are a fact of life in today’s business world. The extent to which they are used is shown by the annotation on the subject in 24 ALR3d 1160 which contains cases from 26 jurisdictions. The annotation defines such contracts "as an arrangement by which an intermediary finds, introduces, and brings together parties to a business opportunity, leaving the ultimate negotiation and consummation of the business transaction to the principals.”

One of the earliest citations therein discussed is our 1923 case…