Explain the reason behind your decision.

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter2: The Deduction For ­qualified Business Income For Pass-through Entities
Section: Chapter Questions
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Q 3. Two companies, ABC and XYZ were incorporated in year 2020 as public (ABC Ltd.
Co.) and private (XYZ Pvt. Ltd Co.) company respectively. Give a brief description of
privileges enjoyed and restrictions imposed on these companies. If you wish to start any
business what type of company you would choose to incorporate. Explain the reason behind
your decision.

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