Larceny in the third degree corresponds to theft over what amount?

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Multiple Choice

Larceny in the third degree corresponds to theft over what amount?

Explanation:
Larceny is graded by how much was stolen, so the degree hinges on value. In this framework, theft valued at more than $3,000 triggers larceny in the third degree. That threshold sits above the fourth-degree cutoff of more than $1,000 and below the higher thresholds for second and first degrees (over $50,000 and over $1,000,000, respectively). So theft exceeding $3,000 is categorized as third-degree larceny, while exactly $3,000 would fall into the lower fourth degree.

Larceny is graded by how much was stolen, so the degree hinges on value. In this framework, theft valued at more than $3,000 triggers larceny in the third degree. That threshold sits above the fourth-degree cutoff of more than $1,000 and below the higher thresholds for second and first degrees (over $50,000 and over $1,000,000, respectively). So theft exceeding $3,000 is categorized as third-degree larceny, while exactly $3,000 would fall into the lower fourth degree.

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