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Do the legal rules concerning offer and acceptance in English contract law always make good business sense?
Unfortunately, that is not always the case and a good case is Hudson v Shovun Finance by the UK House of Lords. This was a case where the majority judges preferred to uphold legal certainty and objective formation of contracts and concluded that the contract was void even though the effect was that it caused unfairness to an innocent 3rd party who had bought the goods and yet did not get good title.
Note that in that case, the minority judges had argued that a contract should have been formed, albeit a voidable one.