The municipal or county governing body shall revoke any license issued pursuant to the Distress Sales Act if he finds that the license has:
A. violated any provision of the Distress Sales Act; or
B. violated any condition of the license; or
C. made any material misstatement in the application for the license; or
D. failed to include in the inventory required by the Distress Sales Act all the goods, wares or merchandise being offered for sale; or
E. offered or permitted to be offered at the sale any goods, wares or merchandise not included in the inventory attached to the application; or
F. failed to keep suitable records of the sale; or
G. 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; or
H. been guilty of any fraudulent practice in the conduct of the sale authorized by the license.