If using a background color, you'll need to add padding for correct margins.
There are a number of advanced Text Treatments available, but "Regular" is correct for the majority of use cases.
There are several different Style options for buttons and bulleted lists.
Text formatting is determined by the specific styling applied to individual sites and can differ from one site to another.
Text formatting is also pre-styled when using the Text component inside of other components. An example is using the Text component inside the Carousel component; the H2 heading atuomatically includes a horizontal rule.