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Yes, the contracts between the Publisher and the Retailer contain a minimum diligence check that the Retailer must perform. If the Retailer meets the standard set in the Publisher/Retailer Contract, then the Retailer does have the legal right to sell the eBook (license because for the most part Retailers don't sell ebooks, they sell a license to an ebook). That is true even if the Customer is fibbing in a manner that can't be verified by the due diligence check.
There is also a Contract between the Retailer and the Customer that is spelled out in the Terms of Service agreement. Falsifying an address might violate these, and make the account subject to shutdown and the license to an eBook revoked. It's not something I'm too worried about.
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