Well a CRC error occurs when the file is not the correct size or is corrupted. You tend to get it on compressed files you download etc. My guess would be that your CD is scratched or damaged in the area containing AREA000C.bif. If you just bought it I'd get a replacement copy. Other than that you may want to try copying the entire cd to your hdd, and getting some kind person to replace AREA000C.bif for you. I believe if you check the back of your manual there will be a replacement CD policy also. One thing to note is if you own the game it is not illegal for you to get a friend to give you a replacement disk. If you could get a full install done properly, it would probably work fine because only the version on your CD would be in trouble.
If you have another CD drive lying around somewhere you may want to try it in that, some are better at coping than others. If your disk or drive is dirty this could happen too, but it's likely it would have obvious trouble reading from it.
