Step 1: Calculate the initial moles of the reactants.
The number of moles is $n = M \times V$ (in Liters).
Moles of $\text{Cu}^{2+}$: $n_{\text{Cu}^{2+}} = (0.05 \text{ M}) \times (0.1 \text{ L}) = 0.005 \text{ moles} = 5 \times 10^{-3} \text{ moles}$.
Moles of $\text{KI}$ (which provides $\text{I}^-$): $n_{\text{I}^-} = (0.1 \text{ M}) \times (1.0 \text{ L}) = 0.1 \text{ moles} = 100 \times 10^{-3} \text{ moles}$.
Step 2: Write the balanced redox reaction equation.
$\text{Cu}^{2+}$ is reduced by $\text{I}^-$ (iodide) to $\text{Cu}^{+}$ (which precipitates as $\text{Cu}_2\text{I}_2$), and $\text{I}^-$ is oxidized to $\text{I}_2$.
\[
2\text{Cu}^{2+}(\text{aq}) + 4\text{I}^{-}(\text{aq}) \to \text{Cu}_2\text{I}_2(\text{s}) + \text{I}_2(\text{aq}).
\]
Step 3: Identify the limiting reagent.
From the stoichiometry of the reaction, $2$ moles of $\text{Cu}^{2+}$ require $4$ moles of $\text{I}^-$. The required mole ratio is $\frac{\text{I}^-}{\text{Cu}^{2+}} = 2$.
Available mole ratio: $\frac{n_{\text{I}^-}}{n_{\text{Cu}^{2+}}} = \frac{0.1 \text{ mol}}{0.005 \text{ mol}} = 20$.
Since the available ratio (20) is much greater than the required ratio (2), $\text{Cu}^{2+}$ is the limiting reagent and will be completely consumed.
Step 4: Calculate the moles of products formed.
Based on the limiting reagent $\text{Cu}^{2+}$ ($5 \times 10^{-3} \text{ moles}$):
From the balanced equation:
Moles of $\text{Cu}_2\text{I}_2$: $\frac{n_{\text{Cu}_2\text{I}_2}}{\text{coefficient}} = \frac{n_{\text{Cu}^{2+}}}{\text{coefficient}}$.
\[
n_{\text{Cu}_2\text{I}_2} = \frac{1}{2} n_{\text{Cu}^{2+}} = \frac{1}{2} (5 \times 10^{-3} \text{ moles}) = 2.5 \times 10^{-3} \text{ moles}.
\]
Moles of $\text{I}_2$:
\[
n_{\text{I}_2} = \frac{1}{2} n_{\text{Cu}^{2+}} = 2.5 \times 10^{-3} \text{ moles}.
\]
Step 5: Conclude the final answer.
The number of moles of $\text{I}_2$ and $\text{Cu}_2\text{I}_2$ formed are $2.5\times 10^{-3}$ moles and $2.5\times 10^{-3}$ moles respectively.