Let $\eta$ be a complex line bundle over some (good) space. Then it is induced from the canonical line bundle over $\mathbb C P^{\infty}$. It may happen that $\eta$ in fact is induced from $\mathbb C P^1$ (that is, the classifying map is homotopic to a map into $\mathbb C P^1$). Then we have that $\eta \oplus \bar \eta$ is trivial (topologically) since it is true for any line bundle over projective line.
Question: is the converse true? Is it true that if for a line bundle $\eta$ we have that $\eta\oplus\bar\eta$ is trivial, then $\eta$ is induced from $\mathbb C P^1$?