Larry Wilson (Andrew McCarthy) and Richard Parker (Jonathan Silverman) are co-workers at a small insurance company run by the shady Bernie Lomax (Terry Kiser). When the two stumble upon what looks like an expensive discrepancy in the company books, something resembling embezzlement, they point out this information to their boss. What they've stumbled onto is far more serious than they ever know, as Lomax, in a gesture of faux thanks, invites the two to his weekend beach house. They think they're being rewarded for their discovery; he plans on murdering them. Upon their arrival, they discover that Lomax isn't quite as lively as they remember. In fact, he's dead: Murdered. The two, thinking that they'll be accused of the murder, attempt to hide the fact that Lomax is dead from his other guests. In plain sight, Lomax's body is propped up, posed, and flopped around by the two in order to give them time to discover who the real murderer is and save their own necks.