The district attorney of the district where the application was filed shall revoke any license issued pursuant to the provisions of this act, if he finds that the licensee has: 1. Violated the provisions of this act relating to closing out sales; 2. Made any material misstatement in his application; 3. Failed to include in the inventory required hereunder all the goods, wares and merchandise being offered for sale; 4. Offered or permitted to be offered at the sale any goods, wares or merchandise not included in the inventory attached to the application; 5. Failed to keep suitable records of the sale; or 6. Made or permitted to be made any false or misleading statements or representations in advertising the sale, or in displaying, ticketing, or pricing goods, wares or merchandise offered for sale.
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