A credible promise is:
A) a promise that is believed.
B) a promise that is backed up by a contract.
C) a promise the promisor has an incentive to keep.
D) always comes to pass.

Question

Quizplus · Accepted Answer

A credible promise is a promise the promisor has an incentive to keep. This means that the promisor is motivated to keep their promise, either by a sense of obligation, reputation, or potential rewards. A promise may be believed or backed up by a contract, but it is only credible if the promisor has a real reason to follow through on their commitment. It is not necessary that a credible promise always comes to pass, as unforeseen circumstances may still prevent the promisor from fulfilling their obligation.

A Credible Promise Is