This report delves into the intricate relationship between bribery, corruption, and ethical principles. It examines these practices through the lenses of ethical relativism, consequentialism, deontology, and virtue ethics, exploring their cultural implications and the challenges they pose for businesses. The report also analyzes Australian legislation addressing bribery of foreign officials and compares it with the Canadian approach. Ultimately, it argues that bribery and corruption are unethical and detrimental to both individual businesses and the broader socio-economic landscape.