Tommy "Boy" Callahan (Farley) has just graduated from college after seven years, much to the delight of his beloved father Big Tom (Brian Dennehy), buy no sooner does the widowed Big Tom marry his second wife (Bo Derek) than he drops dead of a heart attack. Now Tommy Boy has to rescue the family's brake shoe business before it's devoured by arch-rival Ray Zalinksy (Dan Aykroyd) while he also keeps an eye on the evil Beverly's schemes and her equally evil son Paul's (Rob Lowe) sabotage.
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