"BioLabs Does Not Want to Sell the Technology, but BioLabs

Multiple Choice

"BioLabs does not want to sell the technology, but BioLabs is willing to allow us to legally use the technology for a fee," said Sylvia Sparks, sales professional, "and I would like to use the technology in our proposed project for TopFlight Construction." Lee Jaffrey, Division Manager, replied, "OK. I'm fine with that. I will approve expenditure for a(n) ________ fee."

A) processing
B) license
C) customs
D) patent
E) lading