How is an MMA win decided?

How is an MMA win decided?

Bas Rutten (Former UFC Heavyweight Champion) gives expert video advice on: Do all the MMA leagues have different rules?; Do all the MMA leagues use the same weight classes?; What are illegal MMA strikes? and more...

A win is decided by knockouts, by submission, and by tap-out. So most of the time, a submission, but again it can also be by strikes; if I tap somebody and I start hitting, he can also tap that says, "ok I can never escape from this position." I'd rather tap than be knocked out. And then of course the referee can stop the fight. And of course the corner can throw in the towel and then you win also. If his corner throws in the towel.