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Rapide Boots Inc Is a Saskatchewan- Based Maker of Heavy-

Question 49

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Rapide Boots Inc is a Saskatchewan- based maker of heavy- duty winter boots. Recently it has been in talks with a potential Russian joint venture partner to manufacture boots in the former Soviet Union for use by Russian consumers. The joint venture would require Rapide to export some of its equipment to a pre- built plant in Siberia, where Rapide technicians would teach locals how to use it over a period of time. At the end of the period, all rights to the equipment transferred would vest in the joint venture. Rapide wants to know what it can do to protect its equipment in transit and its operation prior to the transfer of ownership.

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