Step 1: Understanding the Pauli matrices.
The Pauli matrices \( \sigma_1, \sigma_2, \sigma_3 \) are the fundamental matrices in quantum mechanics used to describe spin and related quantities. They follow specific commutation relations. We can compute the product \( \sigma_1 \sigma_2 \) using matrix multiplication. The result is \( i \sigma_3 \), which matches option (B).
Step 2: Conclusion.
Thus, the correct answer is option (B), as the product \( \sigma_1 \sigma_2 = i \sigma_3 \).