Knowingly obtaining property valued $500-$1499 is which offense?

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Multiple Choice

Knowingly obtaining property valued $500-$1499 is which offense?

Explanation:
Value-based theft offenses classify crimes by how much the property is worth, and the degree (and whether it’s a felony or misdemeanor) rises with higher value. If someone knowingly takes property valued at five hundred to one thousand four hundred ninety-nine dollars, the statute places that act in the third degree, which is a felony (class D). That level reflects a middle tier of severity: more serious than the smallest thefts, but not the highest. This fits your scenario because the value falls within that $500–$1499 range and the offender knowingly obtained the property. The other descriptions don’t match: taking property under five hundred dollars generally falls into a lower degree; theft of lost property involves a different set of elements (often tied to found property, not general theft); and theft of services concerns paying for or stealing services rather than tangible property. So the correct classification for property in this value range is theft of property in the third degree, a felony class D.

Value-based theft offenses classify crimes by how much the property is worth, and the degree (and whether it’s a felony or misdemeanor) rises with higher value. If someone knowingly takes property valued at five hundred to one thousand four hundred ninety-nine dollars, the statute places that act in the third degree, which is a felony (class D). That level reflects a middle tier of severity: more serious than the smallest thefts, but not the highest.

This fits your scenario because the value falls within that $500–$1499 range and the offender knowingly obtained the property. The other descriptions don’t match: taking property under five hundred dollars generally falls into a lower degree; theft of lost property involves a different set of elements (often tied to found property, not general theft); and theft of services concerns paying for or stealing services rather than tangible property. So the correct classification for property in this value range is theft of property in the third degree, a felony class D.

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