Likewise, makes no odds. One supply, one circuit ie. as on Commando, one fuse irrespective of where it is will provide protection in the Norton world.
If you have one or more DC supplies and multiple circuits then one fuse in Pos and one in Neg will give you protection of the circuit and will enable the others to carry on working as in the military maritime fit DC distribution systems. It works by the fact if a leg in another circuit goes to the structure it will not blow either fuse as there is no return path. If another circuit using the same supply has the opposite side go to hull there will now be a circuit via the hull and a fuse will blow, multiple earths and supplies can lead to big problems and a headache in fault finding. It also provides additional safety when a switch is incorporated into the circuit where the hull / frame is not used as the return. It is why DC earth checking on major systems is important, though our simple Commando is at the bottom end of this complexity we all know that it's a bugger sometimes finding those short circuits.
Simple and cheap solution, would be to use the hull as the return with one fuse, but then if one circuit went to earth then the return line via the hull would blow and all circuits would be isolated. Also the distance / resistance and the fact that the hulls potential difference is variable even over a few feet, would create problems in itself. I always thought that the hull was at 0V, but again this is not the case, a hull will have PD, and this is why you may see a common earth wire linking the outside of multiple electronic cabinets, and a common 0V line within.
The only convention I can think of is that the fuse needs to be as close to the supply as possible and and easily accessible. With cars, there are more circuits, therefore a bigger single fuse would be needed, it would work, but it is not the best solution as it would also dictate the size of all the downstream wiring as well, there is also the space to put a box with lots of circuit fuses within it which is the better option allowing smaller lighter cable to used.
This might be mumbo jumbo to many but the best advice is = Fit a fuse in either side and of the correct rating and all will be well, replace fuse = cheap, replace bike / garage = £lots.