[Solved] An investor who "writes" a call option without the stock in his or her portfolio to back it up is selling a(n) A) Call option. B) Put option. C) Out-of-the-money option. D) Naked option. E) Covered option. Values: Cultural assessments that identify something as right, desirable, and moral. Extinction: The process through which a species, family, or larger group of organisms permanently disappears from Earth. Cultural Relativism: The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture, avoiding ethnocentric judgments. Ethnocentrism: The tendency to view one's own culture or ethnic group as superior to others, often leading to judging other cultures by one's own cultural norms and standards.