5) Smith owns 75 percent and Jones owns 25 percent of the outstanding stock of the ABC Corporation. Smith is also the president of the corporation. ABC pays Smith a salary that is significantly more than the salaries of presidents of comparable companies and significantly more than justified by the operating profits of ABC. Because of the salary, ABC is not able to pay the shareholders dividends. Smith used her or his ownership of 75 percent of the stock to justify the payment of the salary. Jones has sued Smith for the financial damages caused to the corporation by the payment of Smith's excessive salary. Will Jones be successful? Explain and identify the legal duty involved in the outcome. (