### Preflight Checklist

- [X] I have read the [Contributing Guidelines](https://github.com/electron/electron/blob/main/CONTRIBUTING.md) for this project.
- [X] I agree to follow the [Code of Conduct](https://github.com/electron/electron/blob/main/CODE_OF_CONDUCT.md) that this project adheres to.
- [X] I have searched the [issue tracker](https://www.github.com/electron/electron/issues) for a bug report that matches the one I want to file, without success.

### Electron Version

16.0.7

### What operating system are you using?

Windows

### Operating System Version

Windows 10 Build 19043

### What arch are you using?

x64

### Last Known Working Electron version

13.1.2

### Expected Behavior

`app.setAsDefaultProtocolClient(protocol, process.execPath, [path.resolve(process.argv[1]), '--arg']);`
to work as expected.

### Actual Behavior

electron will put quotes around the entire list of arguments instead of each individually (if necessary), so the generated command is something like

"C:\example\node_modules\electron\dist\electron.exe" "c:\example --arg" "%1"

which then leads to an error "Unable to find Electron app at c:\example --args".

### Testcase Gist URL

!!! Please note that by the nature of setAsDefaultProtocolClient this testcase will make a systemwide setting!

https://gist.github.com/a1f2fdbe04624b6f7a6877a89581143c

### Additional Information

This was almost certainly introduced by the "fix" for https://github.com/electron/electron/issues/32141
shell/browser/browser_win.cc
constexpr int kMaxTextSize = 24;  
    constexpr int kMinTextSize = 7;   
    badge.allocN32Pixels(kOverlayIconSize, kOverlayIconSize);
    SkCanvas canvas(badge, skia::LegacyDisplayGlobals::GetSkSurfaceProps());
    SkPaint paint;
    paint.setAntiAlias(true);
    paint.setColor(kBackgroundColor);
    canvas.clear(SK_ColorTRANSPARENT);
    canvas.drawCircle(kRadius, kRadius, kRadius, paint);
    paint.reset();
    paint.setColor(kForegroundColor);
    SkFont font;
    SkRect bounds;
    int text_size = kMaxTextSize;
    
    
    do {
      font.setSize(text_size--);
      font.measureText(content.c_str(), content.size(), SkTextEncoding::kUTF8,
                       &bounds);
    } while (text_size >= kMinTextSize &&
             (bounds.width() > kMaxBounds || bounds.height() > kMaxBounds));
    canvas.drawSimpleText(
        content.c_str(), content.size(), SkTextEncoding::kUTF8,
        kRadius - bounds.width() / 2 - bounds.x(),
        kRadius - bounds.height() / 2 - bounds.y(), font, paint);
  }
  taskbar_host_.SetOverlayIcon(hwnd, badge, badge_alt_string);
}
void Browser::SetLoginItemSettings(LoginItemSettings settings) {