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

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Prepare effectively for the New York Watch, Guard, or Patrol Agency (WGP) License Exam. Utilize challenging multiple-choice questions and quizzes to test your knowledge and readiness. Get comprehensive insights and strategies to succeed in your licensing exam!

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Can a PI collect or offer to collect debts or claims of any kind, with limited exception?

  1. Yes

  2. No

  3. Only for commercial debts

  4. Only if licensed as a debt collector

The correct answer is: No

A is incorrect because a PI cannot collect debts unless they obtain a separate license as a debt collector. C is incorrect because the exception for collecting debts only applies to commercial debts, not all kinds of debts. D is incorrect because a PI can only collect debts if they are licensed as a debt collector, without this license it is not permitted.

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