Final answer:
It is true that the resistance point is the minimum concession acceptable by a party in a negotiation. This point is critical to the success or failure of negotiations, as it represents a party's bottom line in areas such as political bargaining.
Step-by-step explanation:
The statement that the resistance point is the minimum concession acceptable by a party in a negotiation is true. In negotiations, each party typically has a range of acceptable outcomes with the resistance point being at the lower end of this range, below which a party is not willing to agree. It effectively represents the party's bottom line and is crucial in negotiations, which are common in various situations including political bargaining, where disagreements over resources and values are a fundamental aspect. Understanding the concept of the resistance point helps to comprehend why some negotiations fail, especially when the parties have objectives that do not overlap, such as one side wanting to raise taxes and the other wanting to lower them.
Regarding the provided exercises, it would be historically inaccurate to claim that the mother country 'gave in to most demands of the American colonists' in the Conciliatory Proposition, or that both the Americans and the British 'gave up claims to the Mississippi for the sake of peace' without context or specificity. In actual negotiations and treaties, such outcomes are detailed and multifaceted, often involving various compromises and concessions.