According to IAS 32 Financial Instruments: Presentation, which of the following items would be regarded as a financial liability?

Select one:

a. the right of a depositor to obtain cash from a financial institution with which it has deposited cash.

b. a contract that is a non-derivative for which the entity is obliged to deliver a variable number of its own equity instruments;

c. ordinary shares held in another entity;

d. a contractual right to exchange under potentially favourable conditions, an option to purchase shares below the market price;