(1) Alpha Investment Co. is a partnership consisting of four partners engaging in the business of providing fee-based investment advice to wealthy individuals. One of the partners, Smith, is responsible for the day-to-day business operations of the company. Smith hired Cole to manage the company's computerized database. Smith did not check into Cole's background, nor did Smith call any previous employers or references? Had Smith done any checking, she would have learned that Cole had significant "character" problems and had been dismissed from a previous job because of suspicion of embezzlement. Cole used information from the database to defraud several Alpha clients. Does Smith have any potential liability for her conduct in hiring Cole