The Restrict menu of Folder Guard offers the following commands:
This command starts the Wizard that guides you through the steps necessary to set up restrictions the file or folder currently selected in the Folder Guard window. You can use this command to hide the folder or file, or to restrict access to it, without an individual password. This command is disabled if no file or folder is currently selected.
This command removes any restrictions from the currently selected file or folder. This command is disabled if no file or folder is currently selected in the Folder Guard window, or if the selected file or folder is not restricted.