Final answer:
The taking of a motor vehicle worth $500 is not petty theft but is often classified as grand theft auto, which is a felony.
Step-by-step explanation:
The statement that the taking of a motor vehicle worth $500 is petty theft a misdemeanor is False. Petty theft, which is a misdemeanor, typically involves the theft of property below a certain value, but the value threshold for petty theft varies by state jurisdiction. However, the theft of a motor vehicle, regardless of its value, is often classified as grand theft auto, which is a felony, not a misdemeanor, given the nature of the item being taken (a vehicle).