exc_bad_access error when trying to open Microsoft Office programs/docs on new MacBook Air

I have just purchased a new, 2022 version of MacBook Air. I transferred all data over from my old MacBook Air successfully.

I am logged into my Microsoft Office account on my new MacBook Air, but none of my existing docs will open, not will the programs open by themselves - I get a EXC_BAD_ACCESS ERROR each time.

I have reinstalled Office several times, and also shut down repeatedly, with nothing fixing it.

How can I fix this? Thanks