Joe Is a Shareholder of XYZ Corporation, an Extremely Profitable

question 139

Essay

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, ploughing 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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Definitions:

Antivirus Program

Software designed to detect, prevent, and remove malware, including viruses, from computers and networks.

Misspelling

An error in the spelling of a word, resulting from inaccuracies in phonetic transcription or unfamiliarity with the correct form.

AutoCorrect

A feature in text editing and word processing software that automatically corrects spelling and common typographical errors as they are typed.

Communications Protocols

A set of rules that determine how data is transmitted and received over a network, enabling devices to communicate.