Which of the following accurately describes one of the requirements for a business to qualify as a qualified small business corporation $($QSBC$)?$

Multiple Choice

The shares must not have been owned by another non$-$related Individual in the past $24$ months.

The corporation must hire less than $5$ full$-$time employees.

More than fifty percent of the falr market value of the assets of the business, must have been used for active business in the past $36$ months.

The corporation must be a CCPC that uses at least $50\%$ of the falr market value of its assets for active business purposes in Canada at the time the shares are sold.