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A 100-A sub-panel would be fed from a 100-A breaker.
Yes as long as you change the 50 amp breaker to a 15 amp breaker. You will be hard pressed to get the 50 amp #6 wire under the terminals of the 15 amp receptacle.
Yes, but they obviously cannot be simultaneously loaded their maximum loads because the 400-amp breaker will blow well before that. Similarly, you can have multiple 100-amp panels fed from a 200-Amp main breaker, knowing that you will NEVER have 100 amps running in all panels at the same time.
You can reduce the breaker size because that limits the current that can reach the main panel. There is no safety issue other than the significant danger in an unskilled person changing out a main breaker.
Not unless you change the wiring for that circuit. The breaker protects the wiring and if you install a 40 amp breaker on a 15 amp wire circuit you will have a fire in your home.