Set the default value of the Inherit Flag.

If True, new folders created in the root will have their inherit flag set to true.  When a folder's inherit flag is true, new content created in that folder will copy all of the access records from its parent.

If False, new folders created in the root will have their inherit flag set to false. When a folder's inherit flag is false, new content created in that folder will have a single new content access record written with the default party type and default access flags.