The Director of Finance shall revoke, subject to appeal to the Mayor within seven days and a hearing thereon, any license issued pursuant to this chapter if he or she finds that the licensee has:
(a) Violated any of the provisions of this chapter;
(b) Made any material misstatement in his or her application for the license;
(c) Failed to include in the inventory required by this chapter all goods, wares and merchandise being offered for sale;
(d) Offered or permitted to be offered at the sale any goods, wares or merchandise not included in the inventory attached to the application;
(e) Failed to keep suitable records of sale; or
(f) 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.