Inherited Permissions
5. When the
folder is shared, you will be asked if you would like to e-mail a link
to the folder to your trusted Users.
When a folder
is shared, all of the files and folders in it inherit the permissions that were set for the parent folder.
For example: If Everyone has Co-Owner (Full Control) to the
Work folder, then all of the stuff
inside, including any new files or folders you create tomorrow, will have
the same permissions.