J 22
Define the following terms:
2.2.1
Debt​

Debt is something borrowed by someone from another person or corporation, usually in the form of money. Debt allows corporations and individuals to buy things they wouldn´t be able to afford without getting a loan. A debt establishes a certain amount of money to be borrowed, a specific time for the debt to be paid back, and usually an interest rate to be paid as well.

Explanation:

The characteristics of debt are:

1. lenders and creditors don´t have ownership rights

2. lenders and creditors can force actions or restrict activities under some circumstances

3. the debt must be established by a negotiated legal document

4. missing payments can place the company or person in default and legal action can be taken.

for this, you need to remember something significant in your own life, for example, if you were bullied when you were younger, you can mention your memories on this and touch on how such treatment can harm other kids your age either physically or mentally. (racism, car crashes, a parent in the hospital are all very good subjects, think hard on it! )

hope i ! : )