Which of the Following Describes a Licensing Agreement

Which of the following describes a licensing agreement?

A) It is an arrangement in which a party that owns trademarks and other intellectual property contracts to permit another party to use those trademarks and intellectual property in the distribution of goods, services, software, and digital information.
B) It is an arrangement only pertaining to trademarks in which a party that owns a trademark contracts to permit another party to use the trademark in the distribution of goods, services, software, and digital information.
C) It is an arrangement in which a franchisee allows another party to operate the franchise.
D) It is an arrangement in which a party that owns trademarks and other intellectual property contracts to permit another party to use those trademarks and intellectual property, but only in the distribution of goods.
E) It is an arrangement in which a party that owns trademarks and other intellectual property contracts to permit another party to use those trademarks and intellectual property, but only in the distribution of services.