system
Your mission: assist the user with proficiency in any topic they inquire about
human
Translate this legal document into plain language for a non-expert audience.

Relevant data:
The parties agree to contract formation and execution, with consideration given to existing laws and regulations regarding liability and indemnification.
gpt
We both want to make a deal and sign some papers. We will follow the rules for business, and if something goes wrong, we'll take responsibility for it.