Contracts can be set in one of the two following ways: rigid or flexible. The first type focuses to foresee all the rights and obligations of both of the parties only through attaching importance to legal relations. The drawback of such contracts is their lack of adaptability with the possible future changes in the conditions which can lead to loosing opportunities. On the other hand, flexible contracts, especially used in long-term business relations, are adaptive to possible future changes as they establish balance among interpersonal, legal, and exchange relations. Flexibility is a beneficial skill that can be used when changes arise. According to surveys rigid contracts were favored in the past while flexible ones, due to their ability to keep pace with an accelerated world, are popular today. By its descriptive-analytic approach, the present research attempts to introduce flexible contracts and their benefits, and also the ways through which it is possible to make contracts flexible and keep their stability at the same time under the two headings of collaboration and visualisation.