"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

Question

Quizplus · Accepted Answer

The sentence suggests that BioLabs owns the technology and is willing to allow others to legally use it for a fee, which implies a licensing arrangement. The other choices do not fit the context of the sentence.

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