I personally think the contracts are not necessary. I think parents should be more trustworthy with their kids. A contract is really not needed if you have the trust there. There are studies that have shown kids and parents with contracts are half as likely to get in a car crash. My opinion is there are plenty of kids and parents without contracts that are not getting into car crashes. As long as you have a trust with your parent, you should not have to have a contract.
Link to article: http://www.usatoday.com/news/nation/2010-10-19-teendriverside19_ST_N.htm
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