Describe the similarities and differences between petty and grand larceny

What will be an ideal response?


Larceny, the most common theft crime, involves taking the legal possessions of another. Petty larceny is typically theft of amounts under $100 to $500 (depending on state law); grand larceny is theft over that amount. Grand larceny is a felony, petty larceny a misdemeanor.

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