What does “good point” mean?

A conversational way of conceding that what someone just said is a valid, relevant observation or argument.

How is “good point” used?

In Ralph Breaks the Internet (2018), one line is: “Good point, Bison. And how about you, Ralph?”

The clip at the top of this page is from Ralph Breaks the Internet (2018).

Good point, Bison. And how about you, Ralph?

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