Step 1: Concept
The magnitude of the sum of two vectors is given by $|\bar{a} + \bar{b}|^2 = |\bar{a}|^2 + |\bar{b}|^2 + 2|\bar{a}||\bar{b}|\cos\theta$.
Step 2: Meaning
Since $\bar{a}$, $\bar{b}$, and $\bar{a} + \bar{b}$ are all unit vectors, their magnitudes are all equal to 1.
Step 3: Analysis
Substitute the magnitudes into the formula:
$1^2 = 1^2 + 1^2 + 2(1)(1)\cos\theta$.
$1 = 2 + 2\cos\theta$.
$-1 = 2\cos\theta \implies \cos\theta = -1/2$.
Step 4: Conclusion
$\theta = \cos^{-1}(-1/2) = 120^\circ = \frac{2\pi}{3}$.
Final Answer: (B)