SPOONER V. RESERVE LIFE INSURANCE CO.
287 P.2d 735 (1955)
NATURE OF THE CASE: This was a dispute over a bonus for insurance agents.
FACTS: Reserve (D) issued a bonus program to its agents that effectively said that it was
a voluntary contribution and it may be withheld, decreased, or discontinued with or without
notice. Of course a number of agents met the requirements but D did not produce. Spooner (P)
sued on the bonus program and won the verdict. D appealed.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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