An individual is considered a Material Participant if they pass which of the following tests?

The individual owns 75% of the business activity. The Individual participates in the activity for more than 100 hours per year and not less than any other individual

The Individual participates in the activity for more than 100 hours per year and not less than any other individual

The Individual participates in the activity for more than 100 hours per year and not less than any other individual