Common use of Verbal Instructions Clause in Contracts

Verbal Instructions. You acknowledge that it is customary for Buy Orders and Sell Orders to be given verbally. You hereby authorize FideliTrade to accept and act upon your verbal instructions, or anyone whom You authorize to act on your behalf, without inquiry, investigation, or prior notice to You. You agree to keep confidential your personal identifying information and the account number assigned to your account, and to take every precaution necessary to prevent unauthorized access to your account and/or the issuance of unauthorized or fraudulent instructions to FideliTrade. You further agree to immediately notify FideliTrade of any unauthorized acts or fraudulent acts taking place in your account or elsewhere, that You know about or You should know about in the exercise of ordinary care. FideliTrade may rely conclusively on the authenticity of any verbal instructions it receives where the issuer of such instructions correctly provides your account number or any other method of identification that FideliTrade relies upon in good faith. FideliTrade shall not be liable to You for any losses or damages that You may suffer due to unauthorized access to your account, FideliTrade’s good faith reliance on any unauthorized or fraudulent verbal instructions that it receives, or errors or omissions arising out of such unauthorized access or verbal instructions. FideliTrade reserves the right to refuse a Buy or Sell Order if it is prohibited by applicable law, or if FideliTrade is otherwise unable to comply with your instructions.

Verbal Instructions. You acknowledge that it is customary for Buy Orders and Sell Orders to be given verbally. You hereby authorize FideliTrade to accept and act upon your Your verbal instructions, or instructions from anyone whom You authorize to act on your behalf, Your behalf without inquiry, investigation, or prior notice to You. You agree to keep confidential your personal identifying Your personally identifiable information and the account number assigned to your Your account, and to take every precaution necessary to prevent unauthorized access to your Your account and/or the issuance of unauthorized or fraudulent instructions to FideliTrade. You further agree to immediately notify FideliTrade of any unauthorized acts or fraudulent acts taking place in your Your account or elsewhere, elsewhere that You know about or You should know about in the exercise of ordinary care. FideliTrade may rely conclusively on the authenticity of any verbal instructions it receives where the issuer of such instructions correctly provides your Your account number or any other method of identification that FideliTrade relies upon in good faith. FideliTrade shall not be liable to You for any losses or damages that You may suffer due to unauthorized access to your Your account, FideliTrade’s good faith reliance on any unauthorized or fraudulent verbal instructions that it receives, or errors or omissions arising out of such unauthorized access or verbal instructions. FideliTrade reserves the right to refuse a Buy or Sell Order if it is prohibited by applicable law, or if FideliTrade is otherwise unable to comply with your Your instructions.