Theft is defined as which of the following?

Theft is defined as which of the following?

• A. Theft by an employee only
• B. Any type of stealing or attempted stealing
• C. Theft by a customer
• D. Theft outside the premises with consent

Answer: (B)

The idea being tested is that theft in insurance terms covers any act of stealing or attempted stealing, by anyone, not just a specific group. Theft includes the unlawful taking of someone else’s property with the intent to permanently deprive, and it also includes attempted theft. This broad definition means it applies regardless of who commits the act or where it happens, so “any type of stealing or attempted stealing” is the best fit. The other options are too narrow: restricting theft to an employee ignores theft by customers or outsiders; naming a customer restricts it to one potential thief; and taking property with the owner’s consent is not theft at all.

The idea being tested is that theft in insurance terms covers any act of stealing or attempted stealing, by anyone, not just a specific group. Theft includes the unlawful taking of someone else’s property with the intent to permanently deprive, and it also includes attempted theft. This broad definition means it applies regardless of who commits the act or where it happens, so “any type of stealing or attempted stealing” is the best fit. The other options are too narrow: restricting theft to an employee ignores theft by customers or outsiders; naming a customer restricts it to one potential thief; and taking property with the owner’s consent is not theft at all.