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How to choose the right domain domain ?
Make it simple and short, easy to find, focus on branding or search engine keywords search keywords,
pick a unique domain name that people will remember and to similar to other domain name.
What kinds of domain name there is ?
The most famous domain type are - com / org / info - it's called a top level domains (ARPA),
there is also contry level domain (like co.uk) that called country code top (ccTLD) level domains - it's 2 letter domains based on countries or territories.
What domain type should i use ?
it's depends what's your site target visitors will be from, if their from specific country, than country level domain will be the best choice,
for a global target visitors domain, it's best to go for COM domain. Com is shortcut for corporation business, also if you targeting usa visitors or trafic from google - this will be the best choice.
How to choose a domain that will be best for search engines ranking (seo) ?
search engines and specially google prefers COM domain over any other type of domain in case it's not country based target, COM domains will work better in search engine ranking, also if your site is related to networks - NET domains will working fine as well.