Can we draw the following hypothesis from the context (see options)? 

Context:

This capacity, joined with the historic right to have grievances settled by the Crown before approving money in support of the Crown's activities$vests in the legislature not only the formal responsibility for approving statutes but also a continuing critical overseeing of executive actions.

Hypothesis: The Crown would approve money by settling grievances first.
Choices: I. Yes. II. It's impossible to say. III. No.
I.