To avoid all standard-answers I could have Googled on, I will provide an example you all can attack at will.
C# and Java (and too many others) have with plenty of ty
Lets assume you have a method that does some calculations. There are many input parameters it has to validate, then to return a number greater then 0.
Using return values to signal validation error, it's simple: if method returned a number lesser then 0, an error occured. How to tell then which parameter didn't validate?
I remember from my C days a lot of functions returned error codes like this:
-1 - x lesser then MinX
-2 - x greater then MaxX
-3 - y lesser then MinY
etc.
Is it really less readable then throwing and catching an exception?