Final answer:
In cases where both negotiating parties have reservation values and ideal target outcomes that do not overlap, there exists a negative bargaining zone with no ZOPA, and thus the statement is true.
Step-by-step explanation:
Whether there is a negative bargaining zone with no Zone of Possible Agreement (ZOPA) is true if the reservation values, BATNAs (Best Alternative To a Negotiated Agreement), and target outcomes of the parties are such that there is no overlap in the ranges where an agreement could be satisfactory to both.
This situation describes a condition where the minimum acceptable outcome for one party is beyond the maximum that the other party is willing (or able) to offer. For instance, in political bargaining, if one side's goal is to raise taxes and the other's is to lower taxes, and neither side is open to adjusting their goals, it results in a negative bargaining zone where maintaining the status quo becomes the most likely outcome.