The stage version of The Good Fairy had been mounted on Broadway in 1931 with Helen Hayes in the lead. Some other movies based on Molnar's works include No Greater Glory (1934), Double Wedding (1937), The Bride Wore Red (1937), The Swan (1956) and One, Two, Three (1961). The story's playful tone is par for the course for Molnar, a famous Hungarian playwright and novelist whose best-known work, Liliom, was turned into several movies of the same name as well as the stage and film musical Carousel (1956). Written for the screen by Preston Sturges from a 1931 play by Ferenc Molnar, The Good Fairy (1935) is a charming tale of a wide-eyed lamb of a woman (Margaret Sullavan) who is released from a Budapest orphanage only to upend the lives of a waiter (Reginald Owen), a millionaire businessman (Frank Morgan) and a struggling lawyer (Herbert Marshall). They vow to get along together, though they will be poor, but Konrad insists on keeping Sporum as his one honest lawyer, after which they all argue, each one claiming to rightfully be the 'good fairy.' With the other orphans singing, Luisa walks down the aisle at her wedding with Sporum. She is about to leave, when Sporum asks her not to go and kisses her. Konrad tries to propose to Luisa, but she gently rejects him. She returns the foxine to Konrad, and Sporum, who is now disillusioned to learn that it was not his integrity which got him the job, but the fact that Konrad was after his 'wife,' tells Konrad that he will return everything he bought.

Luisa and Detlaff then arrive, and when she sees Konrad, Luisa tries to devise a story to account for the situation, but she is soon reduced to tears and has to explain everything to everybody, saying that she just wanted to be a 'good fairy' to someone. Konrad visits Sporum and when he relates that he saw Sporum's wife in a taxi with a waiter, Sporum reveals that he has no wife. Konrad follows them to a taxi, where Detlaff gives him a black eye before driving off. Detlaff, trying to protect Luisa, follows her to Konrad's rooms, and as Konrad confesses he is not really a playboy, but that he wants to marry her, Detlaff sneaks in, shuts off the lights, hits Konrad and carries Luisa off. Before she gets to Konrad's hotel, she calls Sporum and he apologizes, whereupon she tearfully asks for him to think of her as if she loved him. After she convinces Sporum to get a new suit, clothes, a pink sports car and to shave, he buys her a 'Foxine' wrap, which she deeply appreciates, but he gets extremely upset when she must go to meet Konrad, thinking that she is the mistress of a man. Curious about Sporum, Luisa visits him, and seeing that he believes his new position came about as the result of his ethical behavior, diligent hard work and integrity, she is unable to inform him the real reason for his good fortune. Metz, Minister of Arts and Decorations, has suggested he hire him, Konrad gives him a 10,000 kronen bonus to buy office equipment and signs him to a five-year contract, planning to send him to South America so that he will be able to seduce Luisa in his absence. The next day, Konrad visits the bearded, stuffy doctor, and after convincing him that his friend Dr. Max Sporum from the telephone book and tells Konrad that she is the doctor's wife. After Konrad insists upon knowing her husband's name and says that he wants to employ him, Luisa, desiring to do a good deed, picks the name of Dr. At the party, Konrad, the owner of a South American meat packing company, tries to seduce Luisa, and, to escape his grasp, she lies that she is married and that her husband is a lawyer. Detlaff then invites her to an exclusive party at which he will be serving the next evening. When a masher attacks her on the street, she introduces Detlaff as her husband to get him to stop. At the theater, Luisa makes the acquaintance of Detlaff, a waiter. Schultz warns Luisa about the evils of 'the male gender' and instructs her to do good deeds for others. After Schlopkuhl selects the gregarious, but naive Luisa Ginglebusher, who has just crashed to the floor from a chandelier after acting out the story of 'The Good Fairy' for the younger girls, Dr.

Schultz of the city's orphanage to allow one of her girls to become an usherette.

Maurice Schlapkohl, owner of the largest motion picture theater in Budapest, convinces Dr.

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