I hope you are playing Devil's Advocate here but I would think a plumber who considered an that an underground black drainage/soil/waste waste pipe actually contained a live cable would be incompetent.
No, I'm not being Devil's Advocate - as I keep saying, someone who finds a section of underground black 'pipe' should, in my opinion, and in view of the 'colour conventions', at least consider the possibility that it contains electrical cables.
What about a pipe chase in the corner of a property that had a vertical 110mm black pipe within it and you can't see the top or bottom of it. It is plainly a soil/waste pipe or a vent because it is 110mm black soil pipe and "that's what it does". The last thing going through my mind is that there might be a live cable in it.
I have been talking specifically about underground cables.
However, I think we've done this to death, and I have other current ('more important') calls on my time!
As a general concept, 'if all things are equal' then I agree with your view that it is best use something which is designed for, and sold as being for, a specific purpose.
However, things are often not all that 'equal'. I don't know about you, but, in all sorts of contexts, I frequently 'adapt' things for purposes other than 'for what they were sold'. This may be because the thing I 'adapt' is something I already have, because it is easier to obtain or, perhaps most commonly, because it is cheaper (sometimes dramatically so) and, provided that I am satisfied that, when 'adapted', it's satisfactory for the purpose, then I'm happy with that.
Kind Regards, John