K1 issue with Google Market / Play Store

Question

I have done a factory reset to my K1 tablet.  When it resets, I see the Google Market on the home screen.  After I went to the Market and downloaded my first app and I exit out of the Market and now the Play Store is now visible in my Apps screen on my K1 (where it was not visible there before).  When I try to run the app I downloaded I get the following error message The application Google Play Store (process com. android.vending) has stopped unexpectedly. Please try again and there is a Force Close button.  After I open the downloaded app I get the same error message.  When I hit the Shop button on the top of the home screen it shows both the Market and Play Store.  When I select the Play Store I get that same error messgae.  When I select Market it takes me to the Google Market but I cannot download any apps.  I greatly appreciateand advise or help to resolve my tablet.
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Answer 1

Thanks to ih8tv
This really helped me out. Google play store issue was pissing me off since last week.
Did lots of google but couldn't help me out. Finally Google drag me to your post and it got my issue fixed  
Thanks a lts again.
Step 1- Go to settings>applications>manage applications (all apps).
Step 2 - Gind the playstore app and clear cache and data. DO NOT uninstall updates. Do this for the market app as well
Step 3 - hit the back button that will bring you too the main settings screen.
Step 4 - under accounts and sync. you should see your gmail account next to the G. click your account and in the top right hand corner select 'remove account'.
MAKE SURE YOUR SIGNED OUT OF EVERYTHING LIKE G+, You tube> chrome, etc... POWER OFF YOUR K1.
Restart the tablet and go to the google playstore icon. It will tell you you need to sign in and accept terms and cond. when you sign in you should have the google playstore....
No more issues of force close...hope this hepls. let me know
Prem Soni