WHICHARD, Justice.
The issue is whether the statutory prohibition against "deceptively similar" corporate names, N.C.G.S. § 55-12(c) (1982), extinguishes the common law rule proscribing exclusive appropriation of the right to use a "descriptive phrase" in a trade name. We hold that the common law rule survives.
Both plaintiff and defendant engage in the business of operating, selling, leasing, and maintaining radio-telephonic communication equipment....
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