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Larceny is a crime involving the unlawful taking or theft of the personal property of another person or business. It was an offence under the common law of England and became an offence in jurisdictions which incorporated the common law of England into their own law (also statutory law), where in many cases it remains in force.
In the first, a security guard (James Loudermill) employed by the Cleveland Board of Education was dismissed for failing to disclose a prior felony conviction for grand larceny on his job application. In the second, a school bus mechanic (Richard Donnelly) for the Parma Board of Education was discharged because he failed an eye examination.
Larceny is the unlawful taking of another person's property with the intention to deprive the owner of it. If the stolen object is above a large value, then it is considered a felony and is called a grand theft. A petty theft is stealing an object with small value which would pass as a misdemeanor.
Grand theft, also called grand larceny, is a term used throughout the United States designating theft that is large in magnitude or serious in potential penological consequences. Grand theft is contrasted with petty theft , also called petit theft , that is of smaller magnitude or lesser seriousness.
The Larceny Act 1861 (24 & 25 Vict. c. 96) was an Act of the Parliament of the United Kingdom of Great Britain and Ireland (as it then was). It consolidated provisions related to larceny and similar offences from a number of earlier statutes into a single Act.
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The definition of larceny for the purposes of the Act was "a person steals who, without the consent of the owner, fraudulently and without a claim of right made in good faith; takes and carries away anything capable of being stolen, with the intent at the time of such taking, permanently to deprive the owner thereof.
Other justifications include defense of others, acts by law enforcement officials, fear of imminent harm, and necessity. Defense of property is a defense where defendant uses reasonable and appropriate force to avoid danger and prevent the threatened damage/interference with property, but not deadly force.