Which of the following is an accurate statement regarding larceny in the United States?
A) Theft is a crime similar to larceny but is of a lesser degree.
B) Half of all property crimes committed in the U.S.are larcenies.
C) Larceny is probably the most commonly committed crime of personal gain.
D) A dollar amount of $5000 determines the difference between simple and grand larceny.
Correct Answer:
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