If a person exchanges a stolen item for cash, which offense are they likely committing?

When a person exchanges a stolen item for cash, they are likely committing the offense of possession of stolen property. This offense occurs when someone knowingly possesses property that they know, or should reasonably know, is stolen. In this scenario, exchanging the stolen item for cash directly implies that the individual is in possession of that stolen item, with the intent to benefit from it financially.

The act of selling or exchanging stolen property emphasizes the possession aspect, as they are not only holding the stolen goods but actively using them to facilitate a transaction. This reinforces the illegal nature of their possession, highlighting their awareness of the item's stolen status and their participation in its illicit distribution.