View the exhibit: public class Student { public String name = ""; public int age = 0; public String major = "Undeclared"; public boolean fulltime = true; public void display() { System.out.println("Na

`Student student1;` declares a reference variable but does not create or initialize an object. The variable `student1` would hold a `null` value at this point.

`Student.new()` is not a valid Java syntax for object instantiation. The `new` keyword is used directly before the constructor call.

In Java, an object is initialized using the `new` keyword followed by the class constructor. `new Student()` calls the default constructor for the `Student` class, which allocates memory for the new object and returns a reference to it, which is then assigned to the `student1` reference variable.

`Student()` without the `new` keyword is not sufficient for creating an object; it resembles a method call or a constructor call missing the object creation operator.