For a Financial Instrument to Be Classified as an Equity

For a financial instrument to be classified as an equity instrument,the instrument must include:
A. No contractual obligations whatsoever.
B. A certification of public approval from ASIC.
C. A contractual obligation to exchange financial assets or financial liabilities with another entity under conditions that are unfavourable to the issuer.
D. A contractual obligation for the issuer to deliver a variable number of shares of its own equity if settled with such an issue.
E. No contractual obligation for the issuer to deliver a variable number of shares of its own equity if settled with such an issue.