Step 1: Check an Example
Take $(l,m,n)=(1,0,0)$. Both conditions hold: $1+0+0=1$ and $1+0+0=1$.
Step 2: Eliminate Other Options
For equal inclination, $l=m=n=\dfrac1{\sqrt3}$, but then $l+m+n=\sqrt3\neq1$. The angle $\dfrac\pi3$ gives $l=m=n=\dfrac12$, with squares summing to $\dfrac34\neq1$.
Step 3: Perpendicular Option
Perpendicular to $\hat i+\hat j+\hat k$ means $l+m+n=0$, which contradicts $l+m+n=1$.
Final Answer:
Only the coordinate axis option is consistent with both conditions.
\[ \boxed{\text{(A) }\text{the vector lies along one of the coordinate axes.}} \]