Let P(h,k) be the point that satisfies the given property. We first consider the perpendicular lines. Two most simple perpendicular lines are
y=0 (that is, x-axis) and x=0 (y-axis).
Recall that the distance between a point (h,k) and a line ax+by+c=0 is given by
D=|ah+bk+c√a2+b2|
Now the distance between the point P and x-axis is |k|.
The distance between the point P and y-axis is |h|.
It is given the sum of the above two distances is one. That means,
|h|+|k|=1
Note that the above equation is a set of four equations, which are
- h+k=1, when P(h,k) lies on the first quadrant.
- −h+k=1, when P(h,k) lies on the second quadrant.
- −h−k=1, when P(h,k) lies on the third quadrant.
- h−k=1, when P(h,k) lies on the fourth quadrant.
Note that above four equation represents together a square with corners at (±1,0), (0,±1).

The correct answer is A.