Question 1. Under Common Law, larceny is not a lesser included offense of burglary. Common law burglary requires: Breaking, Entering, Dwelling, of Another, at Nighttime, with Intent to commit a felony therein. However, Larceny is the Tresspassory, Taking, Carrying away, the Property of another, with Intent to permanently deprive him of said property. In theory, the burglar could meet all the requirements for burglary... including the intent to commit larceny (as in your question)... but not actually take anything. Even if he doesn't take anything, he still commits burglary. The burglary is complete as soon as he enters with the requisite intent. Larceny, on the other hand, requires an actual taking.
Question 2. A lesser included offense is a crime for which all of the elements necessary to impose liability are also elements found in a more serious crime. These 2 offenses in question share different elements. Therefore, he CAN be guilty of both.
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