Who has the authority to represent the buyer in the sale of 410 Eastern Blvd?

The correct answer indicates that Larry has the authority to represent the buyer in the sale of 410 Eastern Blvd. This scenario typically relies on agency relationships in real estate transactions. An agent, such as Larry, usually has a formal agreement with the buyer, giving him the legal authority to act on their behalf. This authority means Larry has the responsibility to negotiate terms, communicate with the seller, and fulfill other duties associated with the real estate transaction, always working in the buyer's best interests.

In cases where multiple individuals, like Larry and Ian, are involved, it is essential to determine whether each person has a formal appointment or agreement that grants them the authority to act as an agent. The fact that only Larry is identified as having the authority suggests he has been designated the responsibility or holds the necessary contracts that empower him to represent the buyer, whereas Ian does not have such authority. This is vital in real estate, where the integrity and clarity of representation can significantly impact the transaction's success and legality.