Chao Creates a File YTDReport and Places It a Folder

Chao creates a file YTDReport and places it a folder titled TownHall. Only the Managers group has full control permissions to the TownHall folder. Later, Chao moves this folder to the Presentations folder on the same NTFS volume. The Managers group does not have any explicit permissions to the content in the Presentations folder.
Which of the following is true of this scenario?

A) The Managers group will have full control permissions to the TownHall folder.
B) The Managers group will not be able to modify content within the TownHall folder.
C) Users outside the Managers group will be able to view content within the TownHall folder.
D) Chao will not be able to make further modifications to the YTDReport.