Good Points and Bad Points
"This house," said the real-estate salesman, "has both its good points and bad points.
To show you I'm honest, I'm goint to tell you about the disadvantage -
there is a chemical plant one block south and a slaughterhouse one block north."
"What are the advantages?" inquired the prospective buyer.
"The good thing about it," said the agent, "is that you can always tell which way the wind is blowing."
merit ; strong point ; advantage ; virtue ; excellence
merits and demerits; virtues and defects; strong and weak/bad points ;
advantage and disadvantage