The emulsion in which water forms the dispersed phase, and the oil acts as the dispersion medium is called a water-in-oil emulsion. These emulsions are also termed oil emulsions. Butter and cold cream are typical examples of these types of emulsions. Other examples are cod liver oil etc.

Cod liver oil is a dietary supplement derived from liver of cod fish. As with most fish oils, it contains the omega-3 fatty acids eicosapentaenoic acid and docosahexaenoic acid.

Option C is correct.