I can easily understand the advantage of multiple-choice questions for instance in grading and so. A drawback is that real life problem don't have multiple choice questions all the time for instance calculating a load or a balance of a real thing. Can you comment about the advantages and/or disadvantages with multiple-choice questions in education?

For math exams, multiple choice is a very bad idea.
Let's start with the fact that it is difficult if not impossible to check proofs using multiple choice answers. Even if you only want "technical" questions for say, a math course for engineers, you still run the risk of student's guessing their way through the exam, and alternatively, good students making small calculation errors, and thus getting bad marks that don't reflect their true ability.
The only thing multiple choice is good for, is lazy instructors.