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A pickpocket who steals an empty wallet is guilty of:

a.) extortion
b.) robbery
c.) petty theft
d.) grand theft

1 Answer

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Final answer:

A pickpocket guilty of stealing an empty wallet is guilty of petty theft, which involves taking property of low value. In contrast, embezzlement is an example of corporate crime, where trusted individuals withhold assets for personal use.

Step-by-step explanation:

A pickpocket who steals an empty wallet is guilty of c.) petty theft. Petty theft is typically defined as the unlawful taking of property that is of relatively low value. The value that generally distinguishes petty theft from grand theft is specified by law, which varies by jurisdiction but commonly a threshold is set around $500 to $1000. Since the wallet is empty, the value of the theft is presumably low, not reaching the level that would classify it as grand theft. Regarding the example of corporate crime mentioned, the correct answer is a.) Embezzlement. Embezzlement is an act of dishonestly withholding assets with the intention to convert them for personal use, often committed by individuals in positions of trust or employment within corporate or governmental environments.

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