To take advantage of the growing market for organic foods, Charles Knight, a retired agro-food specialist, has decided to open a retail store in Vancouver, BC. With a large health conscious population and access to organic farmers in the Okanagan Valley, Charles believes that his business has great potential. He is going to start small but will incorporate to take advantage of favourable tax laws and limited liability. Charles is meeting next week with a lawyer to start the incorporation process, and the lawyer has asked him to furnish a list of potential names for his corporation. The names that he has come up with are Organic Foods Inc. (Charles likes to keep things simple), Prince Charles Organic Foods Inc. (Charles is an admirer of Prince Charles's gardening practices), Charles Knight Inc. (what could be better than one's own name?), BC Organic Foods Inc. ( a nod to his home province), Imperial Organic Foods Inc. (worked really well for a tobacco, margarine, and oil company), and Kashi Foods Inc. (has a nice ring to it). Are there any problems with the names that Charles is considering for his corporation? Explain. What rights does the registration of a corporate name give Charles?