Regarding Baen...
You can give copies of anything on the Baen CDs to anyone you want, since it says so on the CDs.
With stuff in the Webscriptions shop, there's the copyright note... "All ebooks on this site are protected by copyright by their respective authors or assigns. This includes any free books that may be released for promotional purposes.
All rights are reserved, including the right to reproduce any book or portions thereof in any form."
So you shouldn't redistribute those free books, but link to the page where the book can be downloaded. (An author might decide they don't want to have the book distributed for free anymore, for example.)
On bought books, I'd say "should not be passed on".
Since you may not redistribute copies, and you will still have access to the book - Baen lets you redownload previous purchases - I don't think buying a book as a gift for someone else was in their plans. (e.g., I can't buy a second copy of an ebook I already bought.)
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