I got the following problem handed over to me today: “When right-clicking the sheet itself to do operations on a cell, Excel suddenly fails to show the menu.” Some desperate minutes later (about 40 of them) I found at least a workaround:
Close Excel if it is running. Delete the following key in the registry:
HKEY_CURRENT_USER\Software\Microsoft\Office\12.0\Excel\Options
Reopen Excel and test if it works now. The Options folder recreates itself with a minimum set of contents, and Excel seems to be working well after this.
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