Hi Marv,
Regarding this error, the resolution of this issue is to install Office for Mac 2011 version 14.4.3 or a later version.
For details, please refer to the following Microsoft support article:
http://support.microsoft.com/kb/2996961
In addition, I'd like to confirm if you are using Office 365 for Home subscription. If so, we have a dedicated support channel to ensure you get the best support. Please refer to the following link: Activate Office for Mac. If you are using Office 365 for Business subscription, please let us know. Thanks for your time.
Regards,
Alice Wang