Final answer:
A business organization with all partners as general partners is a General Partnership. This type of partnership involves shared management responsibilities and liability for all partners.
Step-by-step explanation:
When all partners in a business organization are general partners, the organization is considered to be a General Partnership. A general partnership involves two or more individuals who share equal responsibility and liability for the management of the business, its debts, and its obligations. This structure means that each partner is personally liable for the debts of the business and the actions of the other partners. On the contrary, a Limited Partnership includes both general and limited partners, where limited partners have restricted liabilities and do not take part in the day-to-day management of the business. A Joint Venture is a business agreement between parties for specific purposes, and a Corporation is an entity that is separate from its owners, with limited personal liability.