The best option that accurately describes the relationship between copyright and fair use is:
Fair use grants permission of copyright material to be used in certain ways.
Fair use is a provision under copyright law that allows limited use of copyrighted material without requiring permission from the rights holder. It provides flexibility for purposes such as criticism, comment, news reporting, teaching, scholarship, or research, but it does not grant blanket permission. Instead, there are specific guidelines and factors to consider when determining whether a particular use qualifies as fair use.