YouTube Copyright Transfer Question

I have a question regarding the copyright rules on YouTube.

If one of my YouTuber friends allows me to promote one of their videos on my channel with full permission how does YouTube take this? Will my Channel be affected with the automatic copyright?

Full disclaimer will be posted with a link back to their channel/video/facebook/twitter.

Would it then be possible for me to monetise this or would it be wiser to promote other content in the description for safety?

Thought I would ask the question before I jump head first into YouTube.

Thanks for the help

Hi,

Yes of course you can Monetise, if you have full permission from the content owner.
let me explain you.

when you upload the video go to the monetise section & Select the opption
1- you own this content ?
2- you have online License ?
& #3- you have direct written Permission from the video owner ?

just submit the details and wait for YouTube Reply.

Thanks.

Brilliant stuff. Thanks for your help :]