I can't figure out where to place 'praise you' grammatically. Is this correct English?
I would think it should be either "I praise you!" or "We praise you!" Is it possible for a transitive verb (praise) to not have a subject? Is this an imperative? I'd appreciate any clarification here, and perhaps an example or two of other verbs that function similarly.

Question

Answer

"Praise you" is not an imperative, it's present tense. It's like saying "We/I are praising you." Imperatives can't have a 2nd person as the object, they need to have a 3rd person object ("Praise him!"). And praise always needs a subject, I think. I can't think of any examples where you could use praise without an object.

http://www.italki.com/teacher/T005650036.htm

To respond to nanren888: "Bite me" literally means "you bite me," which would be an imperative, so you're right, there can be a 1st person object.

Answer

"Praise you" is an imperative. Old fashioned and usually used in the bible.

Answer

Your question needs more context to answer properly.
.
Amy's answer is I think a little misleading.
"Bite me" seems pretty imperative to me, & seems to have a first person object, so I suspect what Amy says about objects in particular persons is inaccurate at best.
"Praise be" is an old expression & therefore probably acceptable English.

Не упустите возможность выучить язык, не выходя из дома. Ознакомьтесь с подборкой опытных преподавателей и запишитесь на свой первый урок прямо сейчас!