Step 1: Identify acid strength factors
Acid strength depends on:
\begin{itemize}
\item Electron withdrawing groups (+I effect increases acidity)
\item Resonance stabilization of conjugate base
\item Hybridization of acidic atom (sp>sp$^2$>sp$^3$)
\end{itemize}
Step 2: Compare given structures
Product II (carboxylic acid)>I (phenol)>III (alcohol) due to:
\begin{itemize}
\item COOH has most stable conjugate base (resonance)
\item Phenol more acidic than alcohol (aromatic stabilization)
\end{itemize}