How is Theft defined in legal terms?

The correct definition of theft in legal terms is the exertion of unauthorized control over another's property with the intent to deprive the owner of that property. This definition captures the essential elements of theft: the action of taking or controlling someone else's property, the lack of permission from the owner, and the intention behind the act, which is to permanently or temporarily deprive the owner of their property.

This definition is vital in legal contexts because it distinguishes theft from other forms of property crime by emphasizing the necessity of intent. Without the intent to deprive, an action may not meet the legal threshold for theft. For example, if someone mistakenly borrows a tool without asking and intends to return it, it does not constitute theft despite the unauthorized use.

Other options fall short because they either miss key components of the definition or lack clarity. They do not adequately incorporate the important aspect of intention, which is critical for determining theft in a legal setting.