If you copy a contract for modeling, which is true?

• A. The copy includes all components, fee schedules, and extensions.
• B. Only the contract record is copied; internal records remain original.
• C. The copy creates a new contract with all data duplicated.
• D. The copy creates a new contract but removes all history.

Answer: (B)

When you copy a contract for modeling, you want an isolated, fresh contract record that can be tested and tweaked without touching the live data. The system creates a new contract entry with its own identity, carrying over basic contract metadata, but the internal records stay with the original contract. This keeps the modeling environment safe from unintended changes to internal data, preserves the original contract’s history and audit trail, and prevents duplication of sensitive internal information. Duplicating everything would clutter the system and risk inconsistencies, while removing history would sacrifice traceability. So, the copy behavior is to create a new contract record while internal records remain on the original.