The settlement period in a swap refers to the full life of the swap

Isabel and Josh engage in a business transaction that leads to a dispute. Isabel initiates a lawsuit against Josh by filing a compliant. The sheriff serves Josh with a summons. If Josh chooses to ignore it:

a. Isabel must file an amended complaint b. Isabel will have a judgment entered in her favor c. Josh must be served with a second summons d. Josh will have a judgment entered in his favor

In a conditional sale possession but not ownership is transferred

Indicate whether the statement is true or false