It is 3 NOT 7 as previously answered.
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The number and types of distress flares required on a pleasure craft are determined by the vessel's size, where and when it is operated, and the number of passengers on board. This information is outlined in the regulations set by the country's maritime governing body and typically includes requirements for handheld flares, parachute flares, and smoke signals.
If your vessel breaks down on the water, the first action to take is to ensure the safety of all individuals on board. Use distress signals, like flares or a radio call for assistance. If possible, try to anchor the vessel and wait for help to arrive. It is important to stay calm and follow proper procedures to prevent any further danger.