Concept:Business law regulates commercial dealings between individuals and companies.
Some options are recognised branches of business law, while one is only a general legal idea.
Explanation:Agency is a business law area because it governs the relation between a principal and an agent.
Hire purchase is business-related because it covers paying for goods in instalments.
Contract is the very foundation of business transactions and commercial agreements.
Possession, however, is not a distinct field of business law.
Possession simply refers to physical control, custody, or holding of property or assets.
It is a general concept in property law and not a separate business law branch.
Therefore, among the listed options, possession is unrelated to business law.
Answer:The area of law NOT related to business is option C. Possession.