How does Transaction management work in Hibernate?

In Hibernate we use Session interface to get a new transaction. Once we get the transaction we can run business operations in that transaction. At the end of successful business operations, we commit the transaction. In case of failure, we rollback the transaction.

Sample code is a follows:

Session s = null;
Transaction trans = null;
try {
s = sessionFactory.openSession();
trans = s.beginTransaction();
} catch (RuntimeException exc) {
} finally {

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