Why is a system for naming compounds necessary?

What is the difference between covalent bonds and ionic bonds? covalent bonds involve the sharing of electrons between atoms; ionic bonds involve the electrical attraction between charged atoms. covalent bonds involve the transfer of electrons between charged atoms; ionic bonds involve the sharing of electrons between atoms. covalent bonds involve the sharing of pairs of electrons between atoms; ionic bonds involve the sharing of single electrons between atoms. covalent bonds involve the sharing of electrons between atoms; ionic bonds involve the sharing of protons between charged atoms.