If the deed says no loan will be taken without consent of all partners, what is this an example of?

Correct answer: Control over financial authority

Direct answer: Option A, control over financial authority. Borrowing creates a financial obligation and may expose the firm to repayment and interest risk. A deed can therefore require consent of all partners before a loan is taken. Step by step: a loan is proposed; the consent condition is checked; without unanimous consent the borrowing is not authorised under the agreement; with consent, it may proceed subject to the deed. Option A is correct because it limits the power to create financial liabilities. Option B is wrong because borrowing permission does not change the profit-sharing ratio. Option C is wrong because the clause concerns loans, not wages. Option D is wrong because a sales return is a transaction involving returned goods, not borrowing authority. This is a protective internal-control clause. Memory cue: consent before loan means control of financial power.