Final answer:
A licensee would typically pay a Subscription fee quarterly, which is for ongoing access to a service or product, unlike a one-time licensing fee or irregular transaction fees.
Step-by-step explanation:
The licensee would expect to pay a Subscription fee on a quarterly basis. Unlike the licensing fee which is often a one-time payment for the rights to use software or another product, the subscription fee is a recurring charge for continued access to a service or product.
Maintenance fees can also recur, but they are often paid annually. Transaction fees would only be paid when transactions occur, not necessarily on a scheduled quarterly basis.