An Equity Instrument Is Defined As

An equity instrument is defined as:

A) An agreement to exchange rights in an entity at an agreed price by a willing buyer and a willing seller in an arm's length transaction.
B) An arrangement in writing to transfer the risks and rights of ownership to the holder of the script in exchange for consideration in the form of payment in cash or kind.
C) Any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities.
D) An arrangement to ultimately settle in cash or by transferring a right to another financial asset to the holder within a specified time and at a specified value.
E) None of the given answers.