True! :) hope this helps correct me if I’m wrong anyone
It entails being out of touch with reality, where your optimism isn't grounded in comparison to the situation you're in.
For example, imagine climbing Mount Everest and you underestimate the weather, which are underestimating obstacles and risks.
Answer:
Unilateral Contract — a contract in which only one party makes an enforceable promise. Most insurance policies are unilateral contracts in that only the insurer makes a legally enforceable promise to pay covered claims.
