What describes the theft of property in the third degree?

The definition of theft in the third degree generally pertains to the value of the property involved. In many jurisdictions, theft of property valued between $500 and $1,499 is classified as third-degree theft. This classification reflects the law’s attempt to differentiate between minor theft offenses and more significant ones based on the monetary value of the stolen property.

When considering the other choices, taking property worth less than $500 usually falls under a different degree of theft, often classified as a misdemeanor rather than a felony. Taking precious metals could potentially elevate the theft to a higher classification due to their inherent value, depending on the jurisdiction's specific definitions and laws. Similarly, taking an item from a car might lead to other legal implications, such as burglary or larceny, but it does not inherently define the degree of theft without considering the value of the item.

Thus, the correct choice accurately represents the legal framework surrounding theft based on the value of the property involved.