What is debt? (2 marks) 4503 Paragraph B I EEProvide a method on how creditors can reduce risk in credit transactions. (2 marks)What is consumer protection law and what are the goals of consumer protection laws? (2 marks) Paragraph B E IEHow do you apply for a default order in Small Claims? (2 marks) ParagraphWhat amounts of debt are dealt with in CRT, Small Claims Court, and Supreme Court? (2 marks) Paragraph B E E OP