Final answer:
Exogamy refers to marrying outside one's social category, focusing on love and compatibility, whereas endogamy involves marrying within one's social class to maintain status.
Step-by-step explanation:
False: Exogamy does not refer to parents of similar social position passing on their standing to their children. Instead, exogamy is the practice of marrying or forming a union with a person from a different social category such as a different race, ethnicity, caste, or class. It often focuses on personal values like love and compatibility rather than maintaining or elevating social status. On the contrary, when parents pass on their social position to their children and encourage marriage within the same social class, it is known as endogamy.