suppose I have following sql statement in sql server 2008:
BEGIN TRANSACTION
SqlStatement1
EXEC sp1
SqlStatement3
COMMIT TRANSACTION
Rollback transaction on its own rolls back all transactions.
http://msdn.microsoft.com/en-us/library/ms181299(v=sql.100).aspx
The statement will still be executed - try this
create table #t (i int)
insert #t values (1) -- t contains (1)
begin tran
update #t set i = i +1
select * from #t -- t contains (2)
begin tran
update #t set i = i +1
select * from #t -- t contains (3)
rollback tran -- transaction is rolled back
select * from #t -- t contains (1)
update #t set i = i +1
select * from #t -- t contains (2)
commit -- error occurs
select * from #t -- t contains (2)
drop table #t