New York Watch, Guard, or Patrol Agency (WGP) License Practice Exam

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For how many years shall a New York Private Investigator retain and maintain records of all transactions relating to their business?

1 year
2 years
3 years
5 years

The correct answer is: 3 years

New York Private Investigators are required to retain and maintain records of all transactions relating to their business for a period of 3 years. Option A, 1 year, is too short and may not provide adequate record keeping for the business. Option B, 2 years, is also too short and does not meet the requirement set by New York law. Option D, 5 years, is longer than the required time period and may result in unnecessary storage of records. Therefore, option C, 3 years, is the best answer.