Joe is a shareholder of XYZ Corporation,an extremely profitable corporation in the software business,and was upset when the directors of the corporation refused to declare a dividend again,putting the money back into research and development.Joe sued,along with several other shareholders,claiming that there was no excuse for withholding dividends under these circumstances.Explain the likely outcome.

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The Answer of Joe is a shareholder of XYZ Corporation,an extremely profitable corporation in the software business,and was upset when the directors of the corporation refused to declare a dividend again,putting the money back into research and development.Joe sued,along with several other shareholders,claiming that there was no excuse for withholding dividends under these circumstances.Explain the likely outcome.

Joe Is a Shareholder of XYZ Corporation,an Extremely Profitable Corporation