1. Activation records, also known as stack frames, contain information about the execution of methods.
2. They are placed on the call stack and include the method's local variables, partial results, and return address.
3. As methods are invoked, new activation records are pushed onto the stack and popped off when the method returns.
4. The Java Virtual Machine uses a stack-based design where operands are pushed onto the stack, the operation is performed, and results are left on the stack or in local variables.