The Master relinquishes his chair to Thorin because of the social status and power associated with the lineage that Thorin claims to be from. It's a gesture to maintain diplomacy and alleviate any potential conflicts that could arise from denying Thorin. Additionally, the Master may be acting out of self-preservation, as going against Thorin could lead to repercussions from the dwarf's supporters or allies.
The master's people saw them as what they said they were, and he didn't want to go against his people. Plus, he believed that they would be found out as fakes in due time.
The Master likely viewed Thorin as a fraud because he underestimated the legitimacy of Thorin's claim to the throne and the weight of his quest to reclaim Erebor, seeing it as a misguided venture rather than a noble cause. Initially, the Master was more concerned with his own power and the stability of his position, dismissing Thorin's ambitions as a threat to his authority. However, as Thorin's determination and leadership began to rally support among the people and demonstrate the potential for prosperity after the dragon's defeat, the Master started to recognize the seriousness and legitimacy of Thorin's mission, ultimately realizing that aligning with him could benefit his own standing.
Bec her wanted to help them
There are a number of greedy persons Thorin and the Master of Laketown show streaks of greed, the Master later dies in the wilderness.
because he wanted to go back to get back his riches and the kingdom and to tell them who he was and where he was from
In "The Hobbit," the Master is surprised and shocked for he didn't think they would have approached Smaug. He thinks Thorin is a fraud for being a descendant. He is actually relieved when Thorin and the dwarves depart. He says it was expensive to keep them, and their presence made it seem too much like a holiday for any work to be done.
In "The Hobbit," the lord of Lake-town, known as the Master, becomes convinced that the dwarves are not frauds when they reveal their purpose and identity as Thorin Oakenshield and his company on a quest to reclaim the Lonely Mountain and its treasure from the dragon Smaug. Their confident demeanor and the promise of gold and prosperity appeal to the Master, who sees the potential for wealth and influence from the dwarves' success. This assurance leads him to support them, despite his initial skepticism.
Jeffrey Thorin was born in 1961.
{| |- | Gandalf did not give Thorin a gold chain. Gandalf gave Thorin the key that he had gotten from Thorin's father. Thorin then took the key and placed it on a gold chain that he was wearing around his neck. |}
Thorin is not a place, he is a dwarf, son of Thror.
Jeffrey Thorin was born in 1961.
Olof Thorin died in 2004.