How is third-degree theft typically categorized?

Third-degree theft is typically categorized based on the value of the items involved in the theft. If the stolen property is valued at under $500, it generally falls under this classification. This categorization helps differentiate between various levels of theft offenses; higher degrees often involve greater monetary value or more severe circumstances.

The other options, while they may refer to certain aspects of theft, do not capture the primary legal definition of third-degree theft. For example, theft of livestock, which is often a more serious offense due to the value and nature of the property, may be categorized differently based on state laws, likely falling under a higher degree of theft. Physical restraint of the victim is more indicative of aggravated assault or robbery, rather than third-degree theft. Lastly, while shoplifting might often fall under the category of theft, it does not exclusively define third-degree theft, as it can include various forms of theft that do not involve a specific setting or behavior like shoplifting. Thus, the valuation criteria accurately captures the essence of third-degree theft.