Dan -
In theory, you are absolutely correct. Here is what I experienced…
Using a trail car with a freshly charged battery and a Aristo TE to power on a Aristo RS-3 via the track/battery switch and the supplied connector on the loco. Also in the consist is a track powered sound car picking up power from a constant DC voltage (about 10V) on the track.
After running out to the End-Of-Track on my line, I stopped the train to take a lunch break. I powered off the track so the sound would shut down. After about 20 minutes, I noticed the sound was still running. When I went to move the train, the trail-car battery was low.
I posted my experience on this board several years ago and discovered the single pole switch issue. I never took the time to figure out how the return path was being made. Obviously there is one or the sound wouldn’t have continued to run.
Now when I run the same configuration I disconnect the battery from the TE when I plan to stop for some time. I’ve never had a repeat of the problem since I changed my method.
YMMV