Step 1: Concept
Equate $\sqrt{a^2+b^2+c^2} = |a|+|b|+|c|$.
Step 2: Analysis
Squaring both sides: $a^2+b^2+c^2 = a^2+b^2+c^2 + 2(|ab|+|bc|+|ca|)$.
Step 3: Evaluation
This implies $|ab|+|bc|+|ca| = 0$. For this to hold, $ab=0, bc=0,$ and $ca=0$.
Step 4: Conclusion
This condition is only satisfied if at least two of the variables $a, b, c$ are zero.
Final Answer: (b)