Answer:
My first part compliments people. My second part makes things known. My third part hurts feelings. My fourth part may hold a precious treasure. My fifth part is used when sharing fancy beverages.
I eat I live.I breathe I live. I drink I die.
I have no head and a tail I lack but I do have arms and legs and back; I inhabit the palace the tavern the cot 'tis a beggarly residence where I am not. If a monarch were present (I tell you no fable) I still should be placed at the head of the table.
I am a food with 5 letters. If you remove the first letter I am a form of energy. Remove two and I'm needed to live. Scramble the last 3 and you can drink me down.
I'm blue, but when you see me I'm red. You don't see me too often. I'm there for you if you're hurt, but I'm good for you. What am I?
It has no top or bottom, but it can hold flesh, bones, and blood all at the same time.