What does returning a result when checking if an object is equal to null imply?

In Java, checking an object for equality with null means verifying whether the reference points to an object or is uninitialized (i.e., does not refer to any object). The result of such a check is a boolean value: true if the object is null (i.e., absent), and false if the object exists.

Example:

String s = null;
if (s == null) {
    System.out.println("Object is null");
} else {
    System.out.println("Object exists");
}