The WING BODY OVERHEAT light indicates that there is an issue with the wing or body of the aircraft overheating. It does not specifically relate to an engine fire, fuel leak, or electrical failure. When this light comes on, it alerts the crew that the temperature in the wing or body area has reached a level that requires attention to prevent potential damage or hazards due to overheating. Therefore, the correct answer is:
2) Wing body overheat
This indication prompts the crew to take necessary actions to address the overheating condition and ensure the safety and proper functioning of the aircraft during the flight.