Which of the following displays when you select or right-click text?

The mini toolbar appears when you select or right-click text in Microsoft Word. This small, semi-transparent toolbar provides quick access to commonly used formatting options such as font styles, font size, text color, and paragraph alignment. The mini toolbar enhances workflow by allowing users to make frequent changes without navigating away from their current task or using the ribbon.

While the context menu is also displayed upon right-clicking, it typically provides a wider range of options that include editing commands and additional functions rather than just formatting tools. The quick access toolbar offers shortcuts to commands but is not context-specific to the selected text. A float panel does not specifically pertain to text selection and is not a standard feature in Word for text formatting. Thus, the mini toolbar is the best fit for the described action.