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Q8. a) What is the New Jason Clause and how does it protect shipowners in cases of general average? Discuss the implications of this clause for both shipowners and cargo owners in the event of a maritime emergency. (8)

b) Explain the 3/4ths Collision Clause in maritime insurance and discuss its implications for both the insurer and the shipowner. How does this clause influence the behaviour of shipowners in terms of risk management and vessel operation. (8)