" What a crock of horse-manure! " Atlantis.
It certainly is, to expect young children to enter in to a Lifetime Contract and understand the ramifications of that Contract is recognised as wrong in Law in most Countries. Of course many Countries allow a similar "contract" in the form of being born in to, and initiated in to a particular Religion, to stand, but a Commercial Contract would be void.
The weaselly way they get round this is that if, like me, after child baptism ( I was 12) , you proceed to continue to live the life of a JW in to adulthood, then, according to the JW Org, you have shown you do know what your baptism was all about, and they can Disfellowship, Excommunicate you, for any number of things they have mainly made up.
A Crock of Shit indeed.