Step 1: The phase of a complex number.
The phase of the complex number \( Z = \frac{a + jb}{a - jb} \) can be found using the formula for the argument (angle) of a complex number. For this specific case, the phase \( \theta \) is:
\[
\theta = \arg\left(\frac{a + jb}{a - jb}\right) = 2 \tan^{-1}\left(\frac{b}{a}\right)
\]
Thus, the phase is \( 2 \tan^{-1} \frac{b}{a} \), which makes option (A) correct.
Step 2: The magnitude of a complex number.
The magnitude of the complex number \( Z = \frac{a + jb}{a - jb} \) is given by the ratio of the magnitudes of the numerator and denominator:
\[
|Z| = \left|\frac{a + jb}{a - jb}\right| = \frac{|a + jb|}{|a - jb|}
\]
Since both the numerator and denominator have the same magnitude \( \sqrt{a^2 + b^2} \), the magnitude of \( Z \) is:
\[
|Z| = 1
\]
Therefore, the magnitude is 1, which makes option (C) correct.
Step 3: Conclusion.
Thus, the correct answers are (A) and (C).